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Arianespace reports revenue jump in 2021
Posted: Sat, Jan 8, 2022, 9:10 AM ET (1410 GMT)
Arianespace is heading into the new year planning both for a transition of launch vehicles and a shifting mix of customers. The company announced Thursday it recorded $1.4 billion in revenue in 2021, a 30% increase from 2020. The company conducted 15 launches in 2021 and is projecting as many as 17 in 2022. That will include the first launches of the Vega C in the second quarter and the Ariane 6 in the latter half of the year. Arianespace, which traditionally had relied primarily on the commercial market, said it currently has a 50-50 mix of commercial and institutional customers on its order book, a "rebalancing" the company said it welcomed but added may not be a permanent change.
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