European Space Propulsion and European Astrotech Limited Sign Fueling Services Agreement

Wed Jun 19, 2013 3:41am EDT

* Reuters is not responsible for the content in this press release.

BELFAST, Northern Ireland, June 19, 2013 (GLOBE NEWSWIRE) -- European Space Propulsion (ESP), an Aerojet Rocketdyne company, and European Astrotech Limited (EAL) announced today that they have signed an agreement to combine resources to support the growing satellite fueling services market.

Using the companies' resources and capabilities, the team can extend a global reach supporting multiple launch campaigns with improved capacity for business fluctuation.

"ESP is very pleased to be working with an established European supplier of satellite fueling services to provide greater overall value to our customers," said Bill Smith, head of Business Development for ESP and Aerojet Rocketdyne in Europe. "This will allow a single source and full service approach to satellite propulsion including thrusters, propulsion systems, fuel and launch pad servicing."

Sam Green, operations director of EAL said, "This partnership presents an exciting opportunity for EAL to work with a major aerospace supplier, extending our services and expertise worldwide. We look forward to building new relationships based on the foundations of this joint co-operation."

About European Space Propulsion

European Space Propulsion (ESP), located in Belfast, Northern Ireland UK, is a new entrant to the European space propulsion market. ESP provides Aerojet Rocketdyne heritage products and services for in-space propulsion through its relationship with European manufacturing and test organization, Thales Air Defense Ltd., also based in Belfast. Additional information about ESP can be obtained by visiting the company's website at www.espdeltav.co.uk/.

About European Astrotech Limited

European Astrotech Limited, based at Westcott UK, was formed in January 2007, to provide high quality propellant based chemical and mechanical services to all areas of industry from our own fully equipped chemical analytical laboratory. European Astrotech performs space propulsion engineering, MAIT and specialist chemical services as our core business, which means we have the dedication, expertise, equipment and know-how to meet any challenge and any circumstance that may occur. By operating a flexible and highly mobile business model, European Astrotech takes propulsion support to a new level, ensuring rapid response and maximum efficiency to bring customers the value they require. Additional information about EAL can be obtained by visiting the company's website at www.europeanastrotech.com.

About Aerojet Rocketdyne

Aerojet Rocketdyne is a world-recognized aerospace and defense leader providing propulsion and energetics to the space, missile defense, strategic, tactical missile and armaments sectors for both domestic and international markets. Find out more about the new Aerojet Rocketdyne at http://www.Rocket.com.

CONTACT: Glenn Mahone, Aerojet Rocketdyne, 202.302.9941
         Glenn.Mahone@Rocket.com
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