Telespazio

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Telespazio is a space systems services company, based in Rome, Italy. Telespazio was founded in the 1961s, however the company as it exists today was formed on July 1 2005 with the merger of the original Telespazio with the space services division of Alcatel. The company is owned by Finmeccanica (67%) and Alcatel (33%).

The creation of the company was concurrent with the creation of Alcatel Alenia Space. This too was a merger of Alcatel and Finmeccanica businesses (Alcatel Space and Alenia Spazio respectively).

On April 5 2006 Alcatel agreed to sell its share of Telespazio (and its 67% share of Alcatel Alenia Space) to Thales Group. [1]

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