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Article: United States: Astriums Buy-In Is Spot-On.
- Article from:
- TendersInfo
- Article date:
- July 26, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sandesh03
Astrium, foreseeing the Earth observation industry undergoing significant change has, in the process, announced the purchase of further shares in Spot Image from the French Space Agency (CNES). This is a significant deal resulting in Astrium holding 81 percent of Spot Image, and therefore becoming the majority shareholder. Infoterra and Spot Image will work together as the Earth Observation Division of Astrium Services . This purchase reaffirms Astrium s commitment to strengthening its presence in the entire Earth observation value chain including; satellites, spaceborn and airborn data, ground segment, application solutions and information ...