Safran: strengthens its satellite propulsion business in the USA
August 06, 2024 at 04:17 pm IST
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Safran Electronics & Defense has announced that it is strengthening its production of satellite propulsion systems in the USA to meet growing demand from the commercial and military sectors.
This strategic initiative will support the projected growth of the North American small satellite market, which is expected to reach more than $5 billion by 2030.
Safran specifies that the EPSX00 'Made-in-the-USA' system will be manufactured by Safran Electronics & Defense via its US subsidiary, with first delivery in the first quarter of 2026.
By establishing a new production facility in Colorado, Safran reaffirms its position as a trusted provider of turnkey satellite propulsion solutions for the U.S. and global markets.
''By targeting global demand for electric propulsion in small satellites, we will meet the challenge of increasingly stringent international regulations on sustainability and resilience worldwide,'' commented Jean-Marie Bétermier, head of Safran Electronics & Defense's Global Business Unit Space.
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Safran is a high technology international group, a leading equipment provider in the Aerospace and Defense markets. The group specializes in the design, manufacturing, and marketing of equipment and systems of high technology mechanical and electronic equipment. Net sales break down by product family as follows:
- aeronautic and space propulsion systems (51.2%): helicopter motors (No. 1 worldwide), civil and military airplanes motors, systems for space lancers and missiles, turboreactors for drone targets, etc.;
- aircraft equipment, defense systems and aerosystems (38%): airplane engine pods, landing gear, braking systems, electric wiring systems, etc. Safran also offers on board aircraft systems and equipment (primarily evacuation slides, emergency arresting systems, protective parachutes and oxygen systems, electrical power management systems, control systems, water and waste management systems and connectivity systems) and defense and security systems (helicopter flight controls, fingerprint-based biometric identification systems (No. 1 worldwide), inertial systems, optronic systems, tactical drone systems, etc.);
- aircraft interiors (10.7%): cabin interiors and seats;
- other (0.1%).
Net sales are distributed geographically as follows: France (19.4%), Europe (24%), the Americas (34.8%), Asia and Oceania (13.2%), Africa and the Middle East (8.6%).
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