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[festario] 19/12/2018 10:00

I've bought some instead, just to see what happened.Not a lot though, not got a lot to buy with!

[ellissj] 19/12/2018 09:56

Didn't nanosteve take a trip to toulouse recently ? Just saying ! Hopeful here. Imo. Best ellis


"A new multi-million-pound deal by European businesses Eutelsat and Airbus will see satellite components and major parts assembled in the UK."

Published 19 November 2018

From:UK Space Agency, Department for Business, Energy & Industrial Strategy, and The Rt Hon Greg Clark MP

"Eutelsat and Airbus invest millions in new satellite components and assembly in the UKDeal will support hundreds of high quality jobs in Portsmouth and Stevenage and thousands of jobs in the supply chainA year since the launch of the modern Industrial Strategy, this deal represents a further vote of confidence in the UK’s future economy and growing space industry

A new multi-million-pound deal by European businesses Eutelsat Communications and Airbus Defence and Space for two new communication satellites will see components and major parts assembled in the UK before final assembly is completed in Toulouse, France.

Components and major parts of the assembly will be built in the UK under the contract signed today (Monday 19 November) between satellite operator Eutelsat and aerospace manufacturer Airbus, Business Secretary Greg Clark announced.

The deal, worth hundreds of millions of pounds, between Eutelsat, one of the world’s top three providers of TV broadcast signals and Airbus is a huge vote of confidence in the UK expertise in the space industry, benefitting 500 high skilled workers involved in Eutelsat projects.

The new investment means Airbus sites in Portsmouth and Stevenage will manufacture key components of the two new satellites for Eutelsat, which will feature a brand-new electric platform to bring down size and cost, while boosting performance.

Eutelsat is to replace its three existing satellites with two new ones set to launch in 2021. Today’s announcement means that 6 out of 7 of the company’s next satellites will be partially built in Britain, representing inward investment of up to €40 million per year.

Business Secretary Greg Clark said:

This investment is a significant vote of confidence for the UK’s world leading space industry.

The UK is already a world-leader in developing satellite technology, with a 40 per cent share of the global export market of small satellites and building major parts for one in four of the world’s commercial telecommunications satellites. This new deal builds on the recent announcement, as part of our Industrial Strategy, that the UK is investing in, and building, its first proposed spaceport in Sutherland. The Spaceport will further develop our expertise and capabilities in the space sector enabling us to launch small satellites.

Through our Modern Industrial Strategy, we are increasing the R&D budget to its highest level ever, building on our commitment to this sector and our world leading science base. This deal demonstrates that science, innovation and business has no borders.

UK expertise has contributed significantly to the build of 23 of Eutelsat’s 38 satellites currently in orbit....."

[pshevlin] 19/12/2018 09:55

Uh arrrr. And I'm not from Norfolk.

[wuzy] 19/12/2018 09:54

Yes bishop, trading has changed just thinking that we will possibly end in blue by end of day,feels different !!! Cheers

[squire007] 19/12/2018 09:54

But your skint lol ...

[realcooltrader] 19/12/2018 09:52

Lol bisho, yes, I think someone’s had a knock on the head.

[scottishfield] 19/12/2018 09:51

What do you mean bisho4?

[bisho4] 19/12/2018 09:49

anyone else noticed something a little different...?

[ellissj] 19/12/2018 09:49

UK space opps too ! Imo. Best ellis

'Sovereign satellite system’:

"UK wants own post-Brexit satnav after being frozen out of EU projectPublished time: 26 Aug, 2018 18:29Britain has allocated an initial £100 million to create its own satellite navigation network – which would likely cost billions – after the EU called its participation in its existing Galileo project a security risk.

The move, which has been reportedly approved by Prime Minister Theresa May, was revealed by the Telegraph (then confirmed to the BBC) but has not yet been made public. First tenders for contracts are expected to be opened next month.

"We still want to be part of the Galileo project but we have got to prepare for all eventualities," a government source told the newspaper, adding that the funding would help "map out how a sovereign satellite system would work....."

[pshevlin] 19/12/2018 09:48

Why didn't James Briggs come to us? Not being negative.

[festario] 19/12/2018 09:46

Hmmm... I actually CAN'T sell, thats the bigger worry.

[bootie64] 19/12/2018 09:45

Well most here appreciate the hardwork of the VRS team and below news shows what can become the Fruits of collaboration


James Briggs set to launch graphene-enhanced paint primer following collaboration with Applied Graphene Materials




Will see similar news on the fruits of collaborations from VRS in 2019

[melf] 19/12/2018 09:43

I would suggest that anyone thinking of selling should read the last AECOM RNS very carefully. All imo and good luck all :-)

[chimpandy1] 19/12/2018 09:41

Selling right now would be dam right idiotic. It's the age old mistake of buy on the highs and sell on the lows. I have you down as 1 of the more switched on investors. I'm sure you will do the right thing. Good luck.

[tini5] 19/12/2018 09:41

Log pushing extra hard today. Must be constipated.

[chopsy] 19/12/2018 09:41

Merry Christmas to you too, and welcome on board, thanks for the balanced views.

[pshevlin] 19/12/2018 09:41

Also appreciated by me, doubly so, trebly so and I probably wouldn't be here without all the excellent information put in by SuperG but that doesn't mean we can't have an opinion even if it differs.

[ellissj] 19/12/2018 09:40

Indeed luckyO thx for yr input too. Holding here while usual suspects do their worst ! Atb ellis

[festario] 19/12/2018 09:38

But thats usually the time I decide to buy instead. Decisions...

[flatcoat1] 19/12/2018 09:38

Well said lucky. Couldn't agree more. Merry Christmas to all. Have a lovely festive period eating , drinking and spending time with the family in front of the fireplace. Just need something to burn

[luckyorange] 19/12/2018 09:37

Who cares?

[tim3416] 19/12/2018 09:36

Well that will help festario

[festario] 19/12/2018 09:36

Ooops... 110p to sell. I've just woken up, but it could be exit time for me I'm afraid.