Alcatel and Finmeccanica reached a final agreement to merge their space activities through the creation of two joint ventures companies, to which both partners will contribute their respective satellite industrial and service activities. The first company, Alcatel Alenia Space, of which Alcatel will hold 67% and Finmeccanica 33%, will combine Alcatel Space and Alenia Spazio's activities. It will concentrate on the design, development, and manufacturing of space systems, satellites, payloads, instruments and associated ground systems for civilian...
