NGL Prime SpA
Encyclopedia
NGL Prime SpA is a technology company created for the purpose of all activities related to future European launchers which are not related to Ariane 5
or Vega
or their evolutions. It is a joint venture of EADS Astrium
(70%) and Finmeccanica
(30%). The corresponding shareholder agreement was signed on 31 January 2006. The registered seat of the company is Turin
(Italy
). The legal corporate form of the Company is the one of an Italian Società per Azioni (SpA), with indefinite duration.
The company registration has taken place on the 10 March 2006. It is expected that NGL Prime SpA will take the lead for ESA's FLPP program and its associated IXV
demonstrator. NGL Prime SpA team includes specialists from France, Germany and Italy. A great share of the work will also be subcontracted to specialised industries in many European countries.
The CEO of NGL Prime is Axel Roenneke.
Ariane 5
Ariane 5 is, as a part of Ariane rocket family, an expendable launch system used to deliver payloads into geostationary transfer orbit or low Earth orbit . Ariane 5 rockets are manufactured under the authority of the European Space Agency and the Centre National d'Etudes Spatiales...
or Vega
Vega (launcher)
Vega is an expendable launch system being developed for Arianespace jointly by the Italian Space Agency and the European Space Agency. Development began in 1998 and the first launch, which will take place from the Guiana Space Centre, is planned for early 2012...
or their evolutions. It is a joint venture of EADS Astrium
EADS Astrium
Astrium Satellites is one of the three business units of Astrium, a subsidiary of EADS. It is a European space manufacturer involved in the manufacture of spacecraft used for science, Earth observation and telecommunication, as well as the equipment and subsystems used therein and related ground...
(70%) and Finmeccanica
Finmeccanica
Finmeccanica S.p.A. is an Italian conglomerate. Finmeccanica is the second largest industrial group and the largest of the hi-tech industrial groups based in Italy. It works in the fields of defence, aerospace, security, automation, transport and energy...
(30%). The corresponding shareholder agreement was signed on 31 January 2006. The registered seat of the company is Turin
Turin
Turin is a city and major business and cultural centre in northern Italy, capital of the Piedmont region, located mainly on the left bank of the Po River and surrounded by the Alpine arch. The population of the city proper is 909,193 while the population of the urban area is estimated by Eurostat...
(Italy
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
). The legal corporate form of the Company is the one of an Italian Società per Azioni (SpA), with indefinite duration.
The company registration has taken place on the 10 March 2006. It is expected that NGL Prime SpA will take the lead for ESA's FLPP program and its associated IXV
IXV
The Intermediate eXperimental Vehicle is a European Space Agency experimental re-entry vehicle intended to validate European reusable launchers which could be evaluated in the frame of the FLPP program. The IXV development would be carried out under the leadership of the NGL Prime SpA company...
demonstrator. NGL Prime SpA team includes specialists from France, Germany and Italy. A great share of the work will also be subcontracted to specialised industries in many European countries.
The CEO of NGL Prime is Axel Roenneke.