Le Bourget - June 17th 2005 - In presence of Dr G Madhavan Nair, Chairman of
ISRO, K R Sridhara Murthi, Executive Director of Antrix Corporation Limited and
Antone Bouvier, chairman of EADS Astrium have signed today a Memorandum of
Agreement (MoA). Antrix Corporation Limited and EADS Astrium will jointly
address the commercial market for communications satellites with payload power
below 4 Kw and a launch mass in the range of 2 to 3 tons.
Satellites in this segment represent a sizable and stable part of the market.
The aim of this cooperation is to optimize the INSAT 2K and 3K Platforms along
with EADS Astrium Payloads.
The Antrix EADS Astrium alliance will have all the ingredients to be successful
on this market, offering mature, flexible and cost effective solution to
ANTRIX is the commercial arm of the Indian Department of Space, the technical
unit of which is the Indian Space Research Organiastion (ISRO) which has had
extensive experience of designing developing and manufacturing Indian satellite
systems including the INSAT and IRS series.
ISRO objective has been to develop space technology and its application to
various national tasks. Since 1969, when it was set up, ISRO has established
space systems like the INSAT for telecommunication, television broadcasting and
meteorological services, and the Indian Remote Sensing Satellites (IRS) for
resources monitoring and management. ISRO has also developed the satellite
launch vehicles PSLV and GSLV to place these satellites in the required orbits.
EADS Astrium is Europe's leading satellite system specialist. Its activities
cover complete civil and military telecommunications and Earth observation
systems, science and navigation programmes, and all spacecraft avionics and
EADS Astrium, wholly owned subsidiary of EADS SPACE, which is dedicated to
providing civil and defense space systems. In 2004 EADS SPACE had a turnover of
Euro 2.6 billion and 11,000 employees in France, Germany, the United Kingdom
EADS is a global leader in aerospace, defense and related services. In 2004,
EADS generated revenues of Euro31.8 billion and employed a workforce of more