Tag Archives: ASL

ESA/Airbus Safran deal finalized

The competition heats up: The European Space Agency today gave its final approval to the deal that will have Airbus Safran Launchers design, build, and essentially own the new Ariane 6 rocket that ESA hopes to use to compete in the launch market in the 2020s.

This deal essentially closes the book on Arianespace. Though it officially still exists, it will be Airbus Safran that will be running the show in the future.

Airbus Safran joint rocket venture moving forward

The competition heats up: According to the head of Safran, their joint venture with Airbus to build Europe’s next rocket, Ariane 6, is on schedule to begin full operations by July 1.

He said in a press teleconference that the issues both with the French tax authorities and with the European Union about the merger are being resolved.