Hungarian firm to supply Airbus Defence and Space with satellite components

Initiatives

pixabay

Hungarian firm Admatis (Advanced Materials in Space) has been awarded a contract to deliver 140 satellite components to Airbus Defence and Space for Sentinel-2C and -2D satellites, Hungary’s National Development Ministry announced today, according to reports.

To fill the order, Admatis will cooperate with 30 other companies, including foreign firms, as well as members of the HUNSPACE Hungary Space Industry Cluster, Hungarian news agency MTI reported today.

Admatis had revenue of HUF 71 million in 2014, MTI said, citing public records.

The general manager of the company is also the material science professor at Miskolc University, as such he serves as a gateway between his company and students in the course of their research for dissertations, according to the companyʼs website.

Number of Thefts in Capital Edges Higher in 2023 Figures

Number of Thefts in Capital Edges Higher in 2023

Magyar Drops Audio Suggesting Gov't Meddling in Corruption C... Government

Magyar Drops Audio Suggesting Gov't Meddling in Corruption C...

Wizz Air Using VR for Pilot Training Innovation

Wizz Air Using VR for Pilot Training

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.