French Government, Industry Agree On State-Owned Stake In Arianespace

Credit: ESA
LE BOURGET, France —Airbus Safran Launchers has reached an agreement with both the French government and space agency CNES to transfer the latter’s stake in Arianespace, giving the new Airbus-Safran joint venture 74% ownership in the European launch consortium. The agreement, which is subject to...

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