Thales: has signed a contract with the European Space Agency
March 19, 2024 at 02:57 pm
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Thales Alenia Space has signed a contract with the European Space Agency (ESA) for the supply of a global solution for the LEO-PNT (Low Earth Orbit Positioning Navigation and Timing) orbital demonstrator.
The contract covers the space (5 satellites to be launched), ground and user segments, in-orbit operations (including deorbiting), launch, user test segment, experimentation and demonstration of the service within user environments representative of different business sectors.
' By adding a layer to the current Galileo global satellite navigation system and enhancing user receivers, the LEO-PNT constellation will foster new applications and boost economic growth, while helping to reduce CO2 emissions through lower fossil fuel consumption and more efficient management of the energy grid', said Hervé Derrey, Chairman and CEO of Thales Alenia Space.
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Thales is one of the European leaders in manufacturing and marketing of electronic equipment and systems for the defense and security, aerospace, and transportation sectors. Net sales break down by product group as follows:
- defense and security systems (53.4%): C4I defense and security systems (control and monitoring systems, communication, protection, cyber-security, and other systems), defense mission systems, naval systems, electronic war systems, drones, air operation systems (air defense, air surveillance), ground defense systems and missiles;
- aerospace systems (28.4%): avionics equipment (cockpit, cabin multimedia, and simulation equipment), space systems (satellites, payloads, etc.);
- digital identification and security solutions (18.2%).
Besides, the group owns a 35% stake in Naval Group (manufacture of naval equipment for defense and nuclear energy sectors).
Net sales are distributed geographically as follows: France (29.5%), the United Kingdom (6.6%), Europe (24.8%), the United States and Canada (14%), Asia (9.4%), Near and Middle East (6%), Australia and New Zealand (4.4%) and other (5.3%).