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Everything about Eads Astrium totally explained

EADS Astrium is an aerospace subsidiary of the European Aeronautic Defence and Space Company (EADS).

Corporate history

In June 2006, EADS Astrium, EADS Space Transportation and EADS Space Services were merged into a single company; EADS SPACE. The next month, EADS announced that the newly merged company had been renamed "ASTRIUM - an EADS company". In December, the company's logo was unveiled (above), with the announcement from both CEOs that the space division would instead be called "EADS Astrium".
   The new logo is a combination of the never released ASTRIUM logo and of the EADS logo, therefore a composite look.
   There are three business units:

Space tourism

In June 2007, EADS Astrium announced it would be entering the space tourism sector. On June 20 2007 the company unveiled a model of the space jet, a one-stage sub-orbital hybrid craft, utilising both jet and rocket engines. Carrying four passengers, the space jet would take off from regular airports using conventional jet engines. Once flying to the needed altitude the rockets would then be fired. After reaching its final altitude of 100 km, passengers would experience weightlessness for three minutes. Tickets are expected to cost up to €200,000 with flights possibly beginning in 2012. EADS estimated development cost will approach 1 billion Euros.

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