ArianeSpace will make a profit in 2011, the first time in three years

ArianeSpace will make a profit in 2011, the first time in three years.

Helped by the two Soyuz campaigns, which occurred in October and December, Arianespace in 2011 apparently averted a third consecutive year of losses. Its financial accounts are not finalized until June, but Le Gall said the company expects to report a slight profit on about 985 million euros in revenue.

In other words, it was the addition of the Russian low-cost Soyuz rocket to their fleet that helped avoid another year’s loss. This doesn’t reflect well on the profitability of the Ariane 5 rocket.

A new Arianespace rocket

A new Arianespace rocket starts its journey to French Guiana.

This first launch, the Vega qualification flight, is planned for January 2012 and will pave the way for five missions that aim to demonstrate the system’s flexibility. . . . Vega is compatible with payload masses ranging from 300 kg to 2500 kg, depending on the type and altitude of the orbit required by the customers. The benchmark is for 1500 kg into a 700 km-altitude polar orbit.

This rocket is comparable to SpaceX’s now discontinued Falcon 1, though it can put more payload into orbit.

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