How Arianespace holds strong in a competitive rocket launch market:
Share to twitterArianespace's launches are now including more constellation-type satellites and fewer geostationary satellites, in response to market dynamics.Everybody knows that rockets today are very different than 10 years ago. SpaceX regularly launches and lands rockets for multiple missions. Spacecraft are smaller and tend to fly in bunches. For a company like Arianespace, which was founded in 1980, this means a lot of innovation must happen very quickly.
What's more, Arianespace is working hard to pick up customers outside of those who fly large, geostationary satellites -- a fairly static market right now. Notable among these new wins is OneWeb, a satellite Internet provider; ArianespaceArianespace CEO Stephane Israel said in an interview that a large part of the company's success this year has been moving away from the geostationary market.
Arianespace had 11 successful launches in 2018, including this one in December of an Indian geostationary communications satellite."They've had a pretty successful year," said Northern Sky Research senior analyst Shagun Sachdeva in an interview. She added the constellation launches are a"big plus" for Arianespace, and that so far the company has been capitalizing well on that segment.
Israel acknowledged that there is still a lot of work left to do on preparing Ariane 6. But it is meeting milestones so far; the engines have been tested, and the rocket is being manufactured.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Blue Origin launches and lands record mission of the rocket Bezos wants for flying space touristsBlue Origin, the space company of Jeff Bezos, completes a record breaking launch of its New Shepard rocket.
Lire la suite »
Jeff Bezos' rocket company will launch another test of its tourism spaceshipBlue Origin, the rocket company founded by Jeff Bezos, will launch another test of its space tourism rocket on Thursday morning
Lire la suite »
Jeff Bezos' rocket company launches another test of its tourism spaceshipBlue Origin, the rocket company founded by Jeff Bezos, has successfully completed another test launch of its space tourism rocket
Lire la suite »
Watch Blue Origin launch and land the rocket Jeff Bezos wants to fly space touristsBlue Origin, the space company of Jeff Bezos, is set for the 11th launch of its New Shepard rocket on Thursday.
Lire la suite »
Strong U.S. growth, weak inflation leave Fed stuck happily on holdThe Federal Reserve is expected to hold interest rates steady at its policy meet...
Lire la suite »
U.S. economy appearing to slow; labor market strongU.S. manufacturing activity slowed more than expected in April amid a sharp drop...
Lire la suite »
Hiring was likely strong in April, but the market is still braced for a surpriseEconomists expect that the job market remained strong in April, and the economy added 190,000 jobs, about the same as March.
Lire la suite »
Goldman Sachs has a portfolio of strong and safe stocks that's also beating the marketInvestors prefer companies with strong balance sheets rather than those investing for growth, returning cash to shareholders, or paying down debt, Goldman said.
Lire la suite »
Marriott plans to launch home-rental market platform that would compete with Airbnb, report saysMarriott International is gearing up to be the first major hotel company to launch a platform aimed at the home-rental business with the goal of competing with Airbnb and other home-sharing companies, The Wall Street Journal reports.
Lire la suite »
Apple defends itself against claims of anti-competitive practicesApple says it removed parental control apps for security reasons.
Lire la suite »
The quest to find companies that have a lasting competitive edgeFinding companies protected by what Warren Buffett calls a “moat” is easy to talk about, but hard to do
Lire la suite »