Telespazio, a joint venture between Finmeccanica (67%) and Thales (33%), is a world leader in satellite services: from management of satellites to Earth observation services, from satellite navigation to broadband multimedia telecommunications. Telespazio plays a leading role in the reference markets harnessing technological experience acquired over the years and through its participation in major European space programs such as: GALILEO, EGNOS, GMES and COSMO-SkyMed. In the field of geospatial information Telespazio is covering the whole range of activities from satellite data reception at ground stations to application solutions for final users and is leading innovative emergency and security projects at European level integrating satellite, aerial and in-situ data within the decision making process of the customer. The company in 2007 generated sales of EUR 395 million, and employed around 1,700 staff. Telespazio S.p.A. Via Tiburtina, 965 00156 Rome (Italy) Ph. +39 06 40791