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Thales Pledges Satellite Site for Canada If Orders Come Through

  • French space company is vying for contracts for constellations
  • CEO Caine says Thales would be in country for ‘long term’
Thales Outflanks Atos With Surprise $5.6 Billion Gemalto Bid

Photographer: Balint Porneczi/Bloomberg

Thales SA would build satellite production and research facilities in Canada if it won orders related to two multi-billion dollar local projects, according to Chief Executive Officer Patrice Caine.

“If we are selected, we want to install a space activity here for the long term,” he said in an interview Friday in Montreal. “I’m not talking just about job creation, but transferring technology to Canada. For a country, the real value comes from engineering, R&D and intellectual property.”