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EADS Astrium ties up with India to make satellites for UK, France.

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HYDERABAD (Thomson Financial) - Astrium, a unit of the European Aeronautic Defence and Space Company (EADS), said India's space agency will assemble satellites for some launch customers under a new tie-up. The Bangalore, southern India-based Indian Space Research Organisation will build two satellites, one for France-based Eutelsat to be launched by Astrium in

the last quarter of 2008, and the other for the UK's Avanti due for lift-off in 2009. 'These satellites will be integrated, assembled and tested in Bangalore,' Astrium's chief executive officer Francois Auque told reporters on the sidelines

of the astronautics congress being held in Hyderabad, southern India. Astrium's regional export director Ghislain de la Sayette said the twin deals, under an agreement reached with ISRO's marketing arm Antrix Corp, were worth 'many tens of million dollars,' but refused to be more specific.

Source:EADS Astrium ties up with India's space agency to make satellites for UK, rance | Latest News | News | Hemscott
 
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