Finmeccanica Signs 775 Million Euro Satellite Deal With Italian Space Agency

SPACEMART

File image of a satellite under construction at Alenia Spazio.

Milan (AFP) Dec 22, 2004
Italian defence group Finmeccanica said Wednesday its unit Alenia Spazio has signed a 775 million euros (1.037 billion dollars) contract with the Italian space agency to supply four satellites for civil and defence uses to observe the earth.

Alenia is leading a consortium building the system that includes another Finmeccanica unit, Telespazio, as well as a number of small and medium-sized Italian companies, it said.

The 775 milion euros contract covers the first three satellites and foresees a further 116 million euros for the fourth satellite, it said.

The contract is funded 620 million euros by the ministry for education, universities and research and 155 million by the ministry for defence, it said.

The first of the satellites will be launched in the last quarter of 2006, and the system will be fully operational at the end of 2008, it said.

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SPACEMART

AmerHis In-Orbit Tests A Complete Success

Paris, France (SPX) Dec 21, 2004
Results from the recently completed AmerHis in-orbit tests report that the payload is operating extremely well; this was made known during the 7th Coordination Meeting at ESA's research and technology centre (ESTEC) in Noordwijk, The Netherlands on 14 December 2004.

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