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Thales Alenia Space to open its German subsidiary, Thales Alenia Space Deutschland GmbH

01 March 2011

Thales Alenia Space announced today the creation of its separately owned German subsidiary, Thales Alenia Space Deutschland GmbH, located in the Stuttgart area. This strategic move reflects the importance for Thales Alenia Space to play a growing role in Germany, a country committed to strongly supporting European institutional and national R&D space programs.

The new company will be led by Sven Carstensen, previously in charge of the Thales Air Systems entity within Thales Deutschland and staffed by a team of engineers transferred from within Thales Deutschland’s existing ranks. Thales Alenia Space Deutschland will first integrate activities focused on EGNOS and Galileo ground systems for navigation activities and, then, gradually expand its portfolio of activities to additional space business domains.

Sven Carstensen, CEO of Thales Alenia Space Deutschland GmbH, comments: “In creating a fully German incorporated company, Thales Alenia Space, one of Europe’s leading space equipment, sub-systems and prime contracting companies, will be able to directly invest in a country that plays a very important political and financial role today in shaping Europe’s Space policy.”

The opening of Thales Alenia Space Deutschland GmbH will enable to strengthen current relationships with our German customers and partners, such as DLR, ESA, OHB-System, and Astrium, and be present in a country with a considerable growth potential.

About Thales Alenia Space
The European leader in satellite systems and a major player in orbital infrastructures, Thales Alenia Space is a joint venture between Thales (67%) and Finmeccanica (33%). Thales Alenia Space and Telespazio embody the two groups’ “Space Alliance”. Thales Alenia Space sets the global standard in solutions for space telecoms, radar and optical Earth observation, defense and security, navigation and science. The company achieved revenues of Euro 2 billion in 2009 and has a total of 7,200 employees located in 9 industrial sites in France, Italy, Spain and Belgium.

Thales Alenia Space Press Contacts
Sandrine Bielecki
Tel: +33 (0)4 92 92 70 94
sandrine.bielecki@thalesaleniaspace.com