QinetiQ
has grabbed a 90% share of Verhaert Design and Development (VDD) and has an option to purchase the remaining 10% at a later date.
VDD, a subsidiary of the Verhaert Group of companies based outside
"With this deal QinetiQ and Verhaert have created a company that is well placed to bridge the gap that currently exists in the European space industry between the two biggest players and a multitude of smaller suppliers,” said Andrew Rogoyski, Managing Director of QinetiQ's Space Division.
The Belgian space systems integrator will be renamed Verhaert Space and will continue to operate autonomously under its existing management team out of its premises in
Poll: Should the UK’s railways be renationalised?
The term innovation is bandied about in relation to rail almost as a mantra. Everything has to be innovative. There is precious little evidence of...