PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Thales Group

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Contract Signed for Next Phase of Second Generation COSMO-SkyMed Activities - Thales Alenia Space announced that it has signed an agreement with the Italian Space Agency (ASI) for the next phase of the Second Generation COSMO-SkyMed activities - ThalesAleniaSpace.com
Contract Signed for Next Phase of Second Generation COSMO-SkyMed Activities

 

NewswireToday - /newswire/ - Cannes, Alpes-Maritimes, France, 2014/08/28 - Thales Alenia Space announced that it has signed an agreement with the Italian Space Agency (ASI) for the next phase of the Second Generation COSMO-SkyMed activities - ThalesAleniaSpace.com. Euronext: HO

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The contract is valued at around 66 million euros, and initiates the activation of Phase C3 of the program, i.e. the activities for completion of the system design and basic technological developments for both to the on-board component (2 satellites at the cutting edge of technology and performance) and all ground infrastructures (ground segment, operations and logistics).

A Temporary Grouping of Companies has been set up, with Thales Alenia Space Italy as mandataire and Telespazio as partner. This entity will optimize the organization of all executive activities for development of the system and operational management of the program.

The value of the Thales Alenia Space Italia tranche of the contract is 43.6 million euros, while Telespazio’s activities are valued at 23 million euros. Telespazio will in particular be responsible for developing the ground segment and the integrated logistics of the operations.

Elisio Giacomo Prette, President and CEO of Thales Alenia Space Italia, said: "We are extremely pleased with the achievement of this first important goal, which will allow the partial continuation of the program’s industrial activities until 2015. A special word of thanks is due to the Italian Space Agency, especially its President, Roberto Battiston, as well as Italy’s Minister of Defense Roberta Pinotti, and the Minister of Education, University and Research, Stefania Giannini, for the commitments they have promised and respected with regard to the space industry. COSMO-SkyMed is the crowning achievement of radar technology worldwide, a unique dual-use constellation. This lets us hope that financing for the entire system can be guaranteed by the end of 2014.”

In order to guarantee the continuity of the services provided by the First Generation COSMO-SkyMed System, currently at the peak of its operations, it is essential that the first satellite be operational in the first half of 2017 and the second by 2018. To achieve this goal, and since the phase C3 agreed upon today provides only partial financial coverage, guaranteeing financing for the entire system by the end of 2014 is an essential priority.

The development of Second Generation COSMO-SkyMed will guarantee a generational leap in terms of technology, performance and operational life of the system and, consequently, Italian leadership in the Earth Observation sector will be strengthened worldwide. Strategic international partnerships, like those already in place with France and Poland, will also be expanded.

About Thales Alenia Space

Thales Alenia Space (thalesaleniaspace.com), a joint venture between Thales (67%) and Finmeccanica (33%), is a key European player in space telecommunications, navigation, Earth observation, exploration and orbital infrastructures. Thales Alenia Space and Telespazio form the two parent companies' “Space Alliance”, which offers a complete range of services and solutions. Because of its unrivaled expertise in dual (civil/military) missions, constellations, flexible payloads, altimetry, meteorology and high-resolution optical and radar instruments, Thales Alenia Space is the natural partner to countries that want to expand their space program. The company posted consolidated revenues in excess of 2 billion euros in 2013, and has 7,500 employees in six countries.

Thales Alenia Space Press Contacts:
Tiziana Ebano T: +39 06 4151 2574 - E: tiziana.ebano[.]thalesaleniaspace.com.
Tarik Lahlou T: +33(0)4 92 92 68 45 - E: tarik.lahlou[.]thalesaleniaspace.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Thales Group

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Aviation/Aerospace articles,
CATCH Visitors via Your Competitors Announcements!


Contract Signed for Next Phase of Second Generation COSMO-SkyMed Activities

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Thales Alenia Space | COSMO-SkyMed Activities
Publisher Contact: Sandrine Bielecki - ThalesAleniaSpace.com 
+33(0)4 92 92 70 94 sandrine.bielecki[.]thalesaleniaspace.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Thales Group securities in any jurisdiction including any other companies listed or named in this release.

Aviation/Aerospace via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Thales Group / Company Profile


Read Aviation/Aerospace Most Recent Related Newswires:

Safran Celebrates Delivery to Airbus of 100th Propulsion System for A320neo
Rolls-Royce and Safran Celebrate the Opening of New Aerospace Plant in Poland
Leonardo - AW169 Helicopter Selected by the Argentine National Gendarmerie
Embraer Selects Panasonic for IFE Solutions for the E-Jets E2
Savis, Bradar and Rockwell Collins Announce A Defense Solutions Cooperation Agreement At LAAD
EPI Signs Support Contract for TP400 Engines Powering Malaysia’s A400M Military Aircraft
Embraer Flies Fourth E190-E2 Prototype and Advances in the Certification Campaign
Successful Syndication of A €4bn Acquisition Bridge Facility for Safran
Brazil’s Azul Becomes the E195-E2 Launch Operator
Boeing 737 MAX 8 with CFM LEAP-1B Engines Receives FAA Certification
Leonardo Strengthens Strategic Partnership with Shanghai Zenisun in the Chinese Civil Helicopter Market
Leonardo's Air Traffic Control Innovations Are on Show At the 2017 World Air Traffic Management (ATM) Congress in Madrid
Bell Helicopter and Safran Celebrate First Delivery of the Bell 505 Jet Ranger X
Embraer Rolls Out the E195-E2 - The Most Efficient Next-Generation Commercial Jet in the World
Leonardo - Milestone Aviation Places Order for AW169 And AW139 Helicopters

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  MagLar, Inc.

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)