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Satellite deal cements UK space industry success

“European aerospace giants Airbus and Eutelsat will sink millions into building satellite parts in Britain in a major vote of confidence for the booming space industry” writes Greg Clark for telegraph.co.uk. The companies have struck a deal to manufacture and assemble components for two new satellites in the UK, securing investment of up to €40m (£36m) per year. Eutelsat chief executive Rodolphe Belmer shrugged off concerns that a no-deal Brexit would paralyse the manufacturing sector, saying that “the British space industry will remain one of the front-runners in Europe”. “What matters to us is the innovation…
 
Source: telegraph.co.uk



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