Thales Alenia Space Creates German Subsidiary
Thales Alenia Space has created a separately owned German subsidiary, Thales Alenia Space Deutschland GmbH, located in the Stuttgart area. This strategic move demonstrates the company’s intention to play a growing role in Germany, a country committed to strongly supporting European institutional and national R&D space programmes. The opening of the subsidiary will also enable the company to strengthen current relationships with German customers and partners, such as DLR, ESA, OHB-System and Astrium.
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. The new company will be led by CEO, 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.
Carstensen commented, “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.”