Friday, July 1, 2016

Faced with SpaceX, Airbus and Safran finalize creating the first European space company – France Soir

Airbus and Safran Group have finalized on 30 the establishment of their joint venture Airbus Safran Launchers, creating the first European space company. This alliance is expected to lower launch costs with Ariane 6 to try to compete with Falcon 9 SpaceX, Elon Musk’s society.

In fact, the arrival of the latter on the market SLV has significantly reshuffled the cards. Falcon9 available at launch for “only” 62 million euros, whilst, for example, you can “rent” Ariane 5 to EUR 200 million (however, the European launcher can deploy two satellites at a time) .

to compete SpaceX, Safran will pay 750 million euros to reach a 50-50 balance in the capital, giving rise to a new European champion of 2.3 billion euros of turnover, business and 8,400 employees, which has the heavy task of developing Ariane 6 for a first flight late 2020. Indeed, Airbus Safran Launchers signed in August the development contract for Ariane 6 for $ 2.4 billion euros on behalf of the European Space Agency (ESA).

with this signing, Airbus Safran Launchers becomes fully operational and will focus its efforts on the most competitive solutions for its customers, priority is the next generation of Ariane 6, whose first flight is planned already in 2020 , “said Tom Enders, Airbus boss Group, in a statement

the two groups had announced in early May this long awaited agreement on finalizing their joint venture Airbus Safran Launchers. This agreement embodies the culmination of major strategic initiative launched in 2014 to redefine the European launcher sector and better serve the strategic interests of French, German and European.

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