Air Liquide Awarded Two Contracts in the Satellite Propulsion Market
January 28 2016 - 11:35AM
Business Wire
Regulatory News:
Air Liquide (Paris:AI) has signed two multi-year
contracts recently, a total worth of € 20 million, for the supply
of high purity xenon in the all-electric propulsion satellite
market: one with Airbus Defence and Space, the world leader in high
power electric satellites and one with Thales Alenia Space, leader
in High Throughput Satellites. The worldwide demand for telecom
satellites is driven by replacement of old satellites and business
growth from new services.
Xenon is a very scarce gas on Earth. Air Liquide,
world leader for xenon, uses its proprietary technologies to
extract xenon from air and relies on diversified sourcing
capabilities to ensure a sustainable supply. Advanced analytical
equipment is used to produce customer-specific xenon, from standard
to ultra-high purity, for the industrial, medical, electronics and
space sectors.
Its density, potential for ionization and inertness make this
noble gas extremely valuable for different applications, such as
the electric propulsion of satellites. High purity xenon is
used as propellant for the satellite’s orbit raising and
station-keeping.
Satellite propulsion recently entered a new era with the
development of all-electric engines, a breakthrough
technology that has revolutionized the satellite industry. These
engines use energy produced by the satellite’s solar panels to
eject a gas (usually xenon), which then generates the thrust.
All-electric engines increase the satellite’s load capacity by
50%, greatly reducing launching costs. In the coming
years, at least one-third of the market is expected to switch to
this technology.
Guy Salzgeber, Senior Vice-President, Europe Industries
and member of the Air Liquide group’s Executive Committee,
commented: “We are proud to have been chosen by Airbus Defence
and Space and by Thales Alenia Space as their technological partner
for the supply of high purity xenon. Through these contracts, we
are happy to contribute to the European leadership in satellite
construction by bringing our expertise in the management of
sourcing and in the supply chain of noble gases which it
requires.”
Air Liquide’s Industrial Merchant
Business LineAir Liquide’s Industrial Merchant Business
Line provides gas solutions to its customers, including industrial
and specialty gases, application technologies and expertise, at
every stage in their process. Across a multitude of industries,
from multinational corporations to independent craftsmen, 20,000
people serve more than 1 million customers. In 2014, revenues were
€ 5,083 million.
Airbus Defence and
SpaceAirbus Defence and Space is a division of Airbus
Group formed by combining the business activities of Cassidian,
Astrium and Airbus Military. The new division is Europe’s number
one defence and space enterprise, the second-largest space business
worldwide and among the top ten global defence enterprises. It
employs more than 38,000 employees and generates revenues of
approximately € 13 billion per year.
Thales Alenia SpaceThales
Alenia Space, a joint venture between Thales (67%) and Finmeccanica
(33%), is a key European player in space telecommunications,
navigation, Earth observation, exploration and orbital
infrastructures. Thales Alenia Space is the natural partner to
countries that want to expand their space program. The company
posted consolidated revenues in excess of € 2 billion in 2014, and
has 7,500 employees in eight countries.
__________________________________________
World leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 80 countries with more than
50,000 employees and serves more than 2 million customers and
patients. Oxygen, nitrogen and hydrogen have been at the core of
the company’s activities since its creation in 1902. Air Liquide’s
ambition is to be the leader in its industry, delivering long-term
performance and acting responsibly.
Air Liquide ideas create value over the long term. At the core
of the company’s development are the commitment and constant
inventiveness of its people.
Air Liquide anticipates the challenges of its markets, invests
locally and globally, and delivers high-quality solutions to its
customers and patients, and the scientific community.
The company relies on competitiveness in its operations,
targeted investments in growing markets and innovation to deliver
profitable growth over the long-term.
Air Liquide’s revenues amounted to € 15.4 billion in 2014, and
its solutions that protect life and the environment represented
more than 40% of sales. Air Liquide is listed on the Paris Euronext
stock exchange (compartment A) and is a member of the CAC 40
and Dow Jones Euro Stoxx 50 indexes.
www.airliquide.comFollow us on Twitter
@AirLiquideGroup
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