Airbus Gets EUR380 Million Contract From European Space Agency
By Olivia Bugault
Airbus SE said Friday that its division Airbus Defense and Space
has won a contract valued at 380 million euros ($448.6 million) to
lead a consortium for a temperature-check mission on Earth's
The contract was awarded by the European Space Agency and
includes the development of one satellite for the land surface
temperature-monitoring mission, known as LSTM, with an option for
two further satellites, the company said. The mission will expand
the current capabilities of Copernicus, the European Union's earth
observation program for global monitoring.
"The main objective of LSTM is to deliver global high
spatiotemporal day- and night-time land surface temperature
measurements. In particular, this mission will respond to the needs
of European farmers to make agricultural production on individual
farms more sustainable, as water shortages increase and changes in
the environment take place," the European plane maker said.
Write to Olivia Bugault at firstname.lastname@example.org
(END) Dow Jones Newswires
November 13, 2020 11:23 ET (16:23 GMT)
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