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Europe's joint space venture

Date:
June 16, 2014
Source:
Reuters - Business Video Online / Powered by NewsLook.com
Summary:
Airbus Group and Safran have agreed to create a 50-50 joint venture in space launchers, combining Airbus's launch systems with Safran's propulsion systems. As Ciara Sutton reports they hope the move will help them compete with new low-cost rivals. Video provided by Reuters
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