June 19, 2003

Arianespace and ELV sign collaboration agreement for Vega launcher production and operation

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At the Paris Air Show today, Silvano Casini, Chief Executive Officer of ELV, and Jean-Yves Le Gall, Chief Executive Officer of Arianespace, signed a collaboration agreement between their two companies concerning Vega launcher production and operation at Europe's Spaceport in Kourou, French Guiana.

Also on hand for the signature was Jean-Jacques Dordain, future Director General of the European Space Agency.

ELV, as industrial prime contractor, will be in charge of production of the launcher’s components and integration in French Guiana. As the launcher design authority, it will also participate in final preparations and launch operations.

Arianespace is the Vega operator, and is in charge of the launch services contract. At the Guiana Space Center, it will be responsible for Vega launch facilities and integration of the upper segment and satellite. It will also carry out final preparation and launch operations.

The organization for Vega launches is similar to that used for the Ariane and Soyuz programs, to maximize the synergies between these programs.

Vega comprises three solid-propellant stages and a fourth stage with a re-ignitable liquid-propellant engine. It is scheduled to start operations in mid-2006. Primarily used for scientific and Earth observation satellites, Vega will be able to boost 1,500 kg into polar orbit at 700 kilometers.

About ELV

Based in Colleferro, Italy, ELV is the industrial prime contractor for the Vega program. Vega is a European Space Agency (ESA) program, financed by Italy, France, Spain, Belgium, the Netherlands, Switzerland and Sweden. Shareholders are FiatAvio (with 70%) and the Italian space agency (30%).

About Arianespace

Arianespace is the world’s commercial launch services leader holding more than 50 percent of the international market for satellites launched to geostationary transfer orbit (GTO). Created in 1980 as the world’s first commercial space transportation company, Arianespace has signed 252 launch contracts and has launched more than 210 satellite payloads. The company’s headquarters is located in Evry, near Paris and launch operations are performed from the Spaceport in Kourou, French Guiana (South America).

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