ISS-Reshetnev and Thales Alenia Space Will Strengthen Cooperation
OREANDA-NEWS. November 24, 2011. ISS-Reshetnev and Thales Alenia Space signed a Memorandum of Understanding specifying requirements and steps towards the creation of a joint venture.
The document was signed in
The two companies have agreed on a framework and schedule for further negotiations over the joint venture which will carry out satellite payload assembly and integration as well as developing a new platform and necessary equipement for high-powered satellites.
The aim of the companies’ collaborative initiatives is to increase the competitive advantage of space-technology products and their commercialization in the national and international markets.
With ISS-Reshetnev-Thales Alenia Space cooperation spanning 18 years, the two companies have implemented as many as 14 joint satellite project including the Siberian -European satellite SESAT, 4 Express-A and 6 Express-AM satellites, the AMOS-5 telecommunications spacecraft, the Loutch-5A data relay satellite and the Geo-IK-2 geodetic satellite.
At present another 10 joint projects are undergoing different stages of manufacture.
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