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Europe's joint space venture

Airbus Group and Safran have agreed to create a 50-50 joint venture in space launchers, combining Airbus's launch systems with Safran's propulsion systems. As Ciara Sutton reports they hope the move will help them compete with new low-cost rivals.

http://www.wgrz.com/video/3624938664001/1/Europes-joint-space-venture http://cdn.newslook.com/6f/6fccfe5bcc26775e32246c260e056a7f/images/frame_ext.jpg Europe's joint space venture Airbus Group and Safran have agreed to create a 50-50 joint venture in space launchers, combining Airbus's launch systems with Safran's propulsion systems. As Ciara Sutton reports they hope the move will help them compete with new low-cost rivals. Ciara SuttonFinanceMarwan LahoudnewslookUnited States of AmericaEuropeairbus 01:03

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