Arianespace: 2020 revenue ~ $1.23 billion, backlog $3.6 billion; smallsat market still a dubious business case

by Peter B. de Selding

PARIS — Launch-service provider Arianespace expects to report revenue of 1 billion euros ($1.23 billion) in 2020 with no material losses and a backlog as of Dec. 31, 2020 of 3.2 billion euros, Arianespace Chief Executive Stephane Israel said.

The company, 74% owned by ArianeGroup, said 60% of its backlog is for commercial customers, with 40% for governments, reflecting a long-standing characteristic of Arianespace that sets it apart from its U.S., Russian, Chinese, Japanese and Indian competitors.

The predominance of commercial . . .

To view the entire article, become a subscriber!

You may also like