Home | Business News | Browse by Publication | B | Business Wire

EADS Astrium signs an agreement to acquire Surrey Satellite Technology Limited from the University of Surrey.

Publication: Business Wire
Publication Date: 07-APR-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
* Astrium backing to support Surrey Satellite Technology Limited (SSTL) expansion and development

* University of Surrey and Astrium agree new UK strategic academic collaboration

STEVENAGE & GUILDFORD, England -- EADS Astrium, Europe's leading space company, has entered into an agreement to acquire the innovative University of Surrey spin-out company Surrey Satellite Technology Limited (SSTL), which specialises in the design and manufacture of small and micro satellites. This landmark deal provides the financial and industrial resources required for SSTL's expansion and future development. Completion of the acquisition is subject to obtaining the relevant regulatory approval.

"In the UK we are renowned for our design and manufacture of telecommunications satellites, interplanetary spacecraft and satellite services provision. SSTL is one of the great success stories of the UK space industry and will be a substantial complement to what we can offer customers around the world with its expertise in small and micro satellites and their innovative approach to developing new markets for...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Wire
Dark Fibre Convention Brings Focus to Market Growth and New Investment..., April 07, 2008
Volvo: the First Hybrid Refuse Truck in the World Launched in Sweden., April 07, 2008
Building & Civil Engineering - Intermediate - Business Ratio Report Av..., April 07, 2008
Research and Markets: Nan Ya Plastic Corporation - SWOT Framework Anal..., April 07, 2008
Research and Markets: Gain Insight Into the Devon Energy Corporation., April 07, 2008

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.