France

France

Government privatizes entirely Arianespace

15 Jun 2015

On 15 June 2015 a contract was signed between the French state-owned company, "Centre national d'études spatiales" (CNES) and the joint enterprise Airbus Safran Launchers (ASL) for the sale of CNES's entire 34,68% stake in the space satellite launcher company Arianespace. With this sale Arianaspace will become entirely privately owned.