Satellite fleet operator SES has sold a majority stake in its ND Satcom satellite ground system provider to Astrium Services in a transaction SES expects will further its entry into the market for hosted payloads for military and other government agencies, Luxembourg-based SES announced Oct 22.rnAstrium Services, which owns Britain's military telecommunications satellites and several Earth observation satellite services companies, is buying 75.1 percent of Friedrichshafen, Germany-based ND Satcom for an undisclosed price. SES, which is retaining a 24.9 percent stake, said the transaction is expected to close in early 2011 following regulatory approval.
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