Home News Business Thales Alenia Space creates new subsidiary in UK

Thales Alenia Space creates new subsidiary in UK

US: Thales Alenia Space has further expanded its presence in Europe with the creation of a new British subsidiary, Thales Alenia Space UK. The new subsidary will be based at the Harwell Science and Innovation Campus (HISC) in Oxfordshire.

Thales said that the move is an integral part of the company’s strategy to bolster its presence in key countries that invest heavily in the space sector. It follows the opening of Thales Alenia Space subsidiary in Germany in 2011 and the extension of the presence of Thales Alenia Space in Belgium by the creation of an office in Leuven.

The announcement of Thales Alenia Space UK comes on the day that the UK Government outlines its response to the Space Growth Action Plan, building on the work of the joint industry-government Space Innovation & Growth Strategy 2010-2030. “The decision to locate a new subsidiary in the UK was spurred by the UK Government’s commitment to fund space activities and create new initiatives to foster growth in the space industry and more recently securing a significant share of the Neosat program for the UK,” read the statement issued by the company.

Martin Gee, CEO of Thales Alenia Space UK said, “Globally, the space industry is moving very fast, and there is exponential growth in demand for space-based communications, navigation and observation. Thales Alenia Space’s decision to come to the UK is a direct result of the UK Government’s work to create a space-friendly R&T environment, new access to funding and an effective business support network."

Source: Thales Alenia Space