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Airbus, Safran Joint Venture For Launchers Moves Forward

By Cal Biesecker

Thursday, December 4th, 2014

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Airbus, Safran Joint Venture For Launchers Moves Forward

Ariane 5 rocket lifting off on Oct. 16 from Europe's spaceport in French Guiana. Photo: European Space Agency

Airbus Group and Safran Group on Wednesday said that their joint venture for launch activities will begin operations on Jan. 1, 2015, working with the existing Ariane 5 launchers and on a new family of launchers for Europe. The announcement by the two European aerospace and defense companies followed approval on Tuesday by a European Space Agency conference of the development and production of the new Ariane 6 space launcher. “With this joint venture, industry has made a strong statement…

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