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Article: EADS Astrium Acquires Surrey Satellite Technology

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Wireless News
Article date:
January 22, 2009
Copyright

Wireless News
01-22-2009
EADS Astrium Acquires Surrey Satellite Technology
Type: News

EADS Astrium, a European space company, has acquired Surrey Satellite Technology Limited (SSTL), a University of Surrey spin- out company which specializes in the design and manufacture of small satellites and subsystems.

The acquisition follows the approval of the European Commission in December 2008 and was announced by EADS CEO Louis Gallois at his January briefing for the media.
"This is great news that we have acquired SSTL. The UK space industry is in a strong position at present - at Astrium we have a healthy order book and we are recruiting engineers, scientists and technicians to build ...

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