Docking successful - HE Space acquired by CS GROUP
On 19 January 2023, Scott Millican sold his company HE Space to CS GROUP. It was important to him to find a buyer which shares HE Space’s core values.
Scott Millican commented: “In the forty years since HE Space was founded, we have had the privilege to significantly contribute to the space community in Europe, the world and its orbit. I am grateful both for the confidence that CS GROUP has in the further potential of the business, and for the dedication of so many people at HE Space and across the space community that has brought HE Space to where it is today.”
HE Space is proud to be part of CS GROUP, a French multinational with a strong presence in the space industry. CS GROUP is already among the top 5 European players in space engineering and covers all areas of space (earth observation, navigation, telecoms, science and exploration) and with the acquisition of HE Space, the group will have a presence of nearly 800 employees in the space sector.
Mr Eric Blanc-Garin, CEO of CS GROUP commented: “We are particularly pleased to welcome the HE Space teams to CS GROUP to build together one of the European leaders in space engineering. This acquisition is in line with the objectives of our Vision 2024 strategic plan and is in phase with the industrial merger project we are carrying out with Sopra Steria. Our combined teams will be able to support our European customers in the success of their missions".
The HE Space team is looking forward to building a successful future together.
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