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Satnews Daily
April 3rd, 2012

Astrium + Space Engineering... Acquiring Minds Wish To Know... (Business)


[SatNews] Astrium has now completed the acquisition of 66.78 percent...

...of Space Engineering, after receiving the necessary regulatory approvals. Space Engineering is a specialist in digital telecommunications, RF and antenna equipment engineering for both space and ground based applications. This acquisition of the Roma headquartered company will enhance Astrium’s capability to develop and manufacture sophisticated telecommunications hardware and associated applications for European and export markets. The purchase demonstrates the company’s commitment to the Italian space market. Space Engineering and its main subsidiary, Teleinformatica e Sistemi, specialize in the development of telecommunications, navigation and remote sensing applications and engineering services for both the civilian and defence sectors. The 150 employee company also has extensive expertise in the modelling, design and development of ground based telecommunication hardware and antennas, along with facilities for the assembly, integration and testing of space equipment.

Becoming part of Astrium enables Space Engineering to make the next step forward in terms of development by giving it access to new markets. The company will benefit from the support of Astrium to develop its business, leveraging its innovative skills and reactivity to develop new space activities, in particular satellite services which is the fastest growing space sector.