SES Astra Boosts Stake in ND Satcom; Eyes Government Market

摘要

European satellite operator SES Astra has increased its ownership stake in satellite ground-systems supplier ND Satcom and secured an option to take full control of the company in 2006 as part of a broader strategy to offer services to European military and civilian government agencies. Luxembourg-based SES Astra, a subsidiary of SES Global, hopes to duplicate the success of its sister company, SES Ameri-com of the United States, in making military and other government sales a growth story for the coming years.