European Space Propulsion
19.06.2013 09:55
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BELFAST, Northern Ireland, 2013-06-19 09:54 CEST (GLOBE NEWSWIRE) --
European Space Propulsion (ESP), an Aerojet Rocketdyne company, and European
Astrotech Limited (EAL) announced today that they have signed an agreement to
combine resources to support the growing satellite fueling services market.
Using the companies' resources and capabilities, the team can extend a global
reach supporting multiple launch campaigns with improved capacity for business
fluctuation.
'ESP is very pleased to be working with an established European supplier of
satellite fueling services to provide greater overall value to our customers,'
said Bill Smith, head of Business Development for ESP and Aerojet Rocketdyne in
Europe. 'This will allow a single source and full service approach to satellite
propulsion including thrusters, propulsion systems, fuel and launch pad
servicing.'
Sam Green, operations director of EAL said, 'This partnership presents an
exciting opportunity for EAL to work with a major aerospace supplier, extending
our services and expertise worldwide. We look forward to building new
relationships based on the foundations of this joint co-operation.'
About European Space Propulsion
European Space Propulsion (ESP), located in Belfast, Northern Ireland UK, is a
new entrant to the European space propulsion market. ESP provides Aerojet
Rocketdyne heritage products and services for in-space propulsion through its
relationship with European manufacturing and test organization, Thales Air
Defense Ltd., also based in Belfast. Additional information about ESP can be
obtained by visiting the company's website at www.espdeltav.co.uk/.
About European Astrotech Limited
European Astrotech Limited, based at Westcott UK, was formed in January 2007,
to provide high quality propellant based chemical and mechanical services to
all areas of industry from our own fully equipped chemical analytical
laboratory. European Astrotech performs space propulsion engineering, MAIT and
specialist chemical services as our core business, which means we have the
dedication, expertise, equipment and know-how to meet any challenge and any
circumstance that may occur. By operating a flexible and highly mobile business
model, European Astrotech takes propulsion support to a new level, ensuring
rapid response and maximum efficiency to bring customers the value they
require. Additional information about EAL can be obtained by visiting the
company's website at www.europeanastrotech.com.
About Aerojet Rocketdyne
Aerojet Rocketdyne is a world-recognized aerospace and defense leader providing
propulsion and energetics to the space, missile defense, strategic, tactical
missile and armaments sectors for both domestic and international markets. Find
out more about the new Aerojet Rocketdyne at http://www.Rocket.com.
CONTACT: Glenn Mahone, Aerojet Rocketdyne, 202.302.9941
Glenn.Mahone@Rocket.com
News Source: NASDAQ OMX
19.06.2013 Dissemination of a Corporate News, transmitted by DGAP -
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Language: English
Company: European Space Propulsion
GroÃÂbritannien
Phone:
Fax:
E-mail:
Internet:
ISIN: US9902660821
WKN:
End of Announcement DGAP News-Service
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DGAP-News: European Space Propulsion and European Astrotech Limited Sign Fueling Services Agreement
| Source: EQS Group AG