Europe's largest space company, EADS Astrium, looks set to acquire the British satellite manufacturer SSTL.Surrey Satellite Technology Limited started as a spin-out from the University of Surrey in 1995.
It has become the world's leading manufacturer of small satellites, producing low-cost platforms for Earth observation missions.
It also built Giove-A, the first test satellite for Europe's forthcoming Galileo satellite-navigation service.
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