Saab Space and Austrian Aerospace United Under One Roof as RUAG Aerospace

  • (Source: RUAG AG)
  • 12:00 AM, November 4, 2008
  • 2462
BERNE, Switzerland --- Following the sale of the Swedish space company Saab Space and its Austrian subsidiary Austrian Aerospace by SAAB AB to Swiss technology group RUAG, the companies are now united under one name: RUAG Aerospace.>> The former "Saab Space AB" of Sweden and "Austrian Aerospace GmbH" of Austria are thus now known as "RUAG Aerospace Sweden AB" and "RUAG Aerospace Austria GmbH" respectively.>> These companies are being combined with the Swiss space technology activities of RUAG to form one strengthened, Space business unit at RUAG Aerospace. This will enable RUAG to position itself as a pan-European supplier in the space technology segment and to offer its clients even more performance from a single source in the future.>> RUAG Aerospace in Switzerland is a successful niche supplier in the space business. Its product portfolio includes mechanical components, instruments and aerostructures for satellites and commercial launch vehicles, and for use at the International Space Station (ISS). Orders here originate from the European Space Agency (ESA) and various commercial clients.>> To strengthen its market position, in September this year, RUAG Aerospace took over the space activities of Swedish aerospace company Saab in both Sweden and Austria. The merger of Saab Space in Sweden, Austrian Aerospace in Austria and RUAG Aerospace in Switzerland under the single name of RUAG Aerospace has given rise to the largest independent space technology supplier in Europe.>> Experienced market players>> Saab Space has been in the space business for more than 30 years. The main focuses of the Swedish firm's activities are computer systems, antennas and microwave electronics for satellites, alongside satellite adapters and separation systems for commercial launch vehicles.
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