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Eutelsat and Thales Alenia Space signed a letter of agreement on 2019-10-29 for the production of Eutelsat-10B.
Thales Alenia Space will build Eutelsat-10B on the Spacebus NEO platform developed with the French and European space agencies.
Thales Alenia Space’s Tres Cantos facility will have 2,600 square meters of total clean room space once the expansion is completed in fall 2020.
The planned 500-person reduction at Thales Alenia Space will take place mainly in France.
Thales Alenia Space CEO Jean-Luïc Gall projects that two-thirds of flexible geostationary satellites after 2022 or 2023 will be medium to large satellites characterized by a 10- to 15-kilowatt power range.
Telesat is expected to choose soon between Airbus Defence and Space and a team formed by Maxar Technologies and Thales Alenia Space to start building its 300-satellite LEO broadband constellation.
Thales Group reported 1,760,000,000 EUR in Aerospace revenue for the first six months of 2019, down 14 percent from the same period in 2018.
Thales Group offset declines in its space business in part through its April 2019 acquisition of Gemalto for 4,800,000,000 EUR.
Thales Alenia Space partnered with Maxar Technologies in competition with Airbus Defence and Space to build a megaconstellation for Canadian operator Telesat, which is seeking 300 low Earth orbit satellites.
Thales Alenia Space received an order in July 2019 to build the defense-focused Ital-GovSatCom satellite under contract from the Italian Space Agency.
Thales Alenia Space is a frontrunner to build LeoSat’s constellation of 84 to 108 broadband satellites.
Thales Alenia Space has won three of 10 commercial satellite orders in 2019: one from Indonesian operator PSN for the broadband satellite Satria and two SpainSat NG satellites for Hisdesat to be co-built with Airbus Defence and Space.
Thales Alenia Space has invested 300,000,000 EUR in telecom research and development since 2013.
Thales Alenia Space will increase research and development spending and accepts that the spending will reduce earnings in 2020 and 2021.
Thales Group attributes a longer-than-expected global slowdown in geostationary satellite orders to contracted space revenues.
Thales Group projects 40–50,000,000 EUR in restructuring costs during the second half of 2019 to adjust overall headcount in its space business.
Airbus Defence and Space and a consortium led by Maxar Technologies and Thales Alenia Space view the Telesat LEO contract as a $3,000,000,000 opportunity.
A fifth-generation Global Xpress satellite built by Thales Alenia Space is scheduled to launch 2019 on an Ariane 5 rocket.
Airbus is building six of the eight geostationary satellites ordered in 2019, including four built solely by Airbus (the Inmarsat-7s and Measat-3d) and two co-built with Thales Alenia Space (SpainSat NG 1 and 2).
Inmarsat has a fifth Global Xpress satellite, GX-5 from Thales Alenia Space, scheduled to launch later 2019 on an Ariane 5 rocket.