Airbus U.S. Space & Defense has completed an agreement with Eutelsat OneWeb to purchase its 50% share of the Airbus OneWeb Satellites (AOS) joint venture. Following the deal, Airbus is now the sole owner of AOS and the satellite manufacturing facility in Merritt Island, Florida.
The new structure will provide maximum efficiency and increased competitiveness for commercial, institutional and national security space customers.
“This agreement furthers our position as a market leader in the small satellite constellation business, building on our successful partnership with OneWeb,” said Robert Geckle, Chairman and CEO, Airbus U.S. Space & Defence, Inc. “We will continue mass producing small satellites for our customers and are excited for what the future holds for us on Florida’s Space Coast as we move forward.”
Image: Copyright Max Alexander
