Intespace Braces for Vacuum

摘要

Satellite test facility operator Intespace has more than doubled its revenue in the past four years as it has diversified its customer base to include aircraft builders Airbus and Eurocopter and taken advantage of European satellite contractors' success on the global commercial market. Toulouse, France-based Intespace, which is majority-owned by satellite prime contractor Astrium Satellites, is now focusing on managing the downturn in the commercial satellite market and its inevitable effect on Intespace revenue. "We know we are going to suffer a bit starting this year because we are obviously in a down part of the cycle" in the commercial satellite industry, Intespace Chief Executive Frank Airoldi said in a May 23 interview. "But the fact that we have increased market share and diversified our business means we will not suffer that much."