Eutelsat, Airbus make multi-million pound satellite investment in UK | Satellite | News | Rapid TV News
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Leading European satellite businesses Eutelsat Communications and Airbus Defence and Space have committed to a multi-million-pound deal that will see satellite components and major parts assembled in the UK.
eutelsat 10August2018
The deal will see components and major parts for two new satellites assembled at Airbus sites in in Portsmouth and Stevenage in the UK before final assembly is completed in Toulouse, France.

The two new Eutelsat satellites, set to launch in 2021 and replacing three of its existing craft, will feature a brand-new electric platform to bring down size and cost, while boosting performance.
The announcement means that six out of seven of the company’s next satellites will be partially built in Britain, representing inward investment of up to €40 million per year.

“This investment is a significant vote of confidence for the UK’s world leading space industry,” said UK Business Secretary Greg Clark. “The UK is already a world-leader in developing satellite technology, with a 40% share of the global export market of small satellites and building major parts for one in four of the world’s commercial telecommunications satellites. This new deal builds on the recent announcement, as part of our Industrial Strategy, that the UK is investing in, and building, its first proposed spaceport in Sutherland...[it] demonstrates that science, innovation and business has no borders.”

Eutelsat CEO Rodolphe Belmer added: “I am delighted to sign this agreement with Airbus to build two new state-of-the-art satellites, cementing the long-standing partnership between our two companies. The agreement will see the manufacture of key parts of the new satellites at Airbus’ facilities in Stevenage and Portsmouth.

"These satellites will renew the in-orbit assets at HOTBIRD, Eutelsat’s largest video hotspot, ensuring our continued support to global broadcasters in delivering high quality video content and services throughout the UK and Europe. We are impressed with the ongoing expansion of the UK space sector, particularly its growing industrial capabilities and development of cutting-edge technology, and we will continue to rely on the UK’s ability to build and deliver world-leading spacecraft.”