. 24/7 Space News .
ROCKET SCIENCE
Airbus Safran Launchers Becomes a 74% Shareholder in Arianespace
by Staff Writers
Paris, France (SPX) Dec 01, 2016


illustration only

Following the completion of all the necessary regulatory, consultation and approval procedures, Airbus Safran Launchers has now purchased the shares in Arianespace held by the French space agency CNES (Centre national des etudes spatiales).

The transaction will close on 31st December 2016.

As industrial lead contractor for Ariane 5 and the future Ariane 6, Airbus Safran Launchers was already the leading Arianespace shareholder, with a stake of about 39%, which has been increased by this operation to 74%.

As a subsidiary of Airbus Safran Launchers, Arianespace will remain a company in its own right, with headquarters in Evry, a facility in French Guiana and offices in Washington, Tokyo and Singapore.

"With the confirmation by the Member States of the European Space Agency of the development of Ariane 6, this change in the shareholder mix at Arianespace finalises the creation of a new launcher governance in Europe. Together, we will be more effective in providing our customers with more efficient solutions and in developing new operational synergies, both for Ariane 5 and for the future Ariane 6", Alain Charmeau, CEO of Airbus Safran Launchers stated.

"This change in the shareholder mix enables us to retain all the key factors in the success of Arianespace, which have made it the world leader in launch services, in particular for its freedom of action and its reactivity, allowing it to adapt to the changes of an increasingly competitive market.

"The governance change also ensures that the roles of the other Arianespace shareholders will be preserved and in addition will benefit the Vega and Soyuz launchers. I would also like to pay tribute to CNES, a key French and European player in independent access to space, whose support and commitment have enabled this major evolution of the governance of space launchers in Europe to take place."

Commenting on this operation, CNES President Jean-Yves Le Gall said: "This sale of CNES's holding in Arianespace is a new step forward in the restructuring of Europe's launchers sector decided by ESA's member states and proposed by CNES at the initiative of France.

The restructuring hinges on three areas: development of Ariane 6 and Vega-C with a view to halving launch costs per kilogram compared to Ariane 5; support for continued operations of Ariane 5 until Ariane 6 comes on stream; and a simplification of Europe's launchers sector around the three key players that are ESA, CNES and ASL. Together, these changes should enable Europe to retain the leadership position it has steadily forged in the commercial launch services market over the last 35 years."

The buyout of the Arianespace shares held by CNES (about 35%) is an integral part of the ambitious triple initiative announced by the Airbus and Safran groups in June 2014:

+ The creation of a joint subsidiary, Airbus Safran Launchers, grouping their civil and military space launcher skills and assets

+ The development of the new Ariane 6 launch system, which is more competitive and adaptable to market needs

+ The implementation of a new form of governance for European launcher programmes, in which industry takes on greater responsibility, up to and including commercial operations

The new Arianespace shareholder mix is part of the response to the request from the ESA Member States for implementation of the new European launchers governance arrangements further to the decisions taken at the ESA Ministerial Conference at the end of 2014.


Comment on this article using your Disqus, Facebook, Google or Twitter login.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Airbus Safran Launchers
Rocket Science News at Space-Travel.Com






Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
ROCKET SCIENCE
Star One D1 arrives for heavy-lift Ariane 5 in Dec with 2 SSL-built satellites
Kourou, French Guiana (ESA) Nov 21, 2016
Arianespace's year-ending heavy-lift flight of 2016 from the Spaceport will orbit two passengers based on the SSL 1300 relay platform built by Space Systems Loral (SSL), with the second of these spacecraft now delivered to French Guiana. The Star One D1 satellite arrived this week aboard a chartered An-124 cargo jetliner, which landed at Felix Eboue International Airport near French Guiana ... read more


ROCKET SCIENCE
Orbital ATK Ends 2016 with Three Successful Cargo Resupply Missions to ISS

Space Food Bars Will Keep Orion Weight Off and Crew Weight On

Russian Space Sector Overcomes Failures

Embry-Riddle Students Join Project PoSSUM to Test Prototype Spacesuits in Zero-G

ROCKET SCIENCE
Russia to Launch Fewer Spacecraft in 2016 Than US, China for First Time

Soyuz-U Carrier Rocket Installed to Baikonur Launching Pad

Ariane 5's impressive 75 in-a-row launch record

Vega ready for GOKTURK-1A to be encapsulated

ROCKET SCIENCE
CaSSIS Sends First Images from Mars Orbit

First views of Mars show potential for ESA's new orbiter

ExoMars space programme needs an extra 400 million euros

Opportunity team onsidering a new route due to boulder field

ROCKET SCIENCE
China launches 4th data relay satellite

Material and plant samples retrieved from space experiments

Chinese astronauts return to earth after longest mission

China completes longest manned space mission yet

ROCKET SCIENCE
ESA looks at how to catch a space entrepreneur

Two-year extensions confirmed for ESA's science missions

Thales and SENER to jointly supply optical payloads for space missions

Citizens' space debate: the main findings and the future

ROCKET SCIENCE
Laser-based Navigation Sensor Could Be Standard for Planetary Landing Missions

Bringing silicon to life

British Scientists Develop a 3D Metal Printer That Works in Space

Scientists shrink electron gun to matchbox size

ROCKET SCIENCE
Biologists watch speciation in a laboratory flask

Life before oxygen

Timing the shadow of a potentially habitable extrasolar planet

Fijian ants began farming 3 million years ago

ROCKET SCIENCE
New analysis adds to support for a subsurface ocean on Pluto

Pluto follows its cold, cold heart

New Analysis Supports Subsurface Ocean on Pluto

Mystery solved behind birth of Saturn's rings









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.