Asian Surveying & Mapping
Breaking News
EU and Korea deepen cooperation on secure satellite connectivity
Today, the European Commission and the Republic of Korea...
Ghana, Japan explore deeper cooperation in space technology
Ghana and Japan are exploring deeper cooperation in space...
China conducts four launches inside 48 hours as launch options diversify
HELSINKI — China carried out four launches in quick...
Dubai Municipality deploys smart robot for geospatial surveys
Dubai: Dubai Municipality has deployed a smart robot to...
India’s Geospatial Sector Gets Boost With Mirai-GreenValley LiDAR Partnership
Mirai Aerospace Systems and Software Solutions and US-based GreenValley...
From drones to space tech, Japan looks to startups to strengthen its defences
Tokyo is stepping up efforts to harness dual-use technologies...
South Korea’s Space Agency Seeks 47% Budget Hike for 2027; Regular Nuri Launches, Lunar Lander Development to Begin
The Korea AeroSpace Administration (KASA) has proposed a 2027...
Space42 launches Future Spacers Programme to develop UAE space talent
Space42, the UAE-based AI-powered SpaceTech company, has launched the...
US, China arm for space warfare: hunter satellites and orbital weapons
Amid the rapidly-evolving field of military space operations, Beijing...
ISRO Puts India’s First Geo Imaging Satellite In Orbit, PM Modi Hails EOS-05 Launch Aboard GSLV-F17
The Indian Space Research Organisation (Isro) successfully launched EOS-05,...
  • Jan 30, 2024
  • Comments Off on Airbus announces purchase of Eutelsat OneWeb’s stake in Satellite Constellation Manufacturing Joint Venture
  • Corporate, News
  • 515 Views

January 30th, 2024
Airbus announces purchase of Eutelsat OneWeb’s stake in Satellite Constellation Manufacturing Joint Venture

Washington D.C., USA – Airbus U.S. Space & Defense, Inc. announced  completion of a deal with Eutelsat OneWeb to purchase its 50% share of the Airbus OneWeb  Satellites (AOS) joint venture.

Airbus is now the sole owner of AOS and the satellite manufacturing facility in Merritt Island,  Florida.

The new structure is expected to provide maximum efficiency and increased competitiveness for commercial, institutional and national security space customers.

“This agreement furthers our position as a market leader in the small satellite constellation  business, building on our successful partnership with OneWeb,” said Robert Geckle, Chairman  and CEO, Airbus U.S. Space & Defense, Inc. “We will continue mass producing small satellites for our customers and are excited for what the f uture holds for us on Florida’s Space Coast as  we move forward,” he added.

Airbus U.S. Space & Defense recently retooled the Merritt Island factory to accomodate the  Arrow450 production line and is starting an expansion project to meet increased demand for  small satellites from commercial and government customers deepening the company’s  presence in Florida.

The Airbus OneWeb Satellites joint venture, established in 2016, built more than 600 satellites  at the rate of two per day for the OneWeb first generation constellation, currently operating on orbit.