EADS Space Services has purchased a 49 percent stake in the London Satellite Exchange, the Exchange announced. The acquisition will strengthen EADS Space Services’ one-stop-shop strategy of providing satellite capacity and services, including non-military capacity, to government customers.

This move also is a next step in the evolution of the London Satellite Exchange and its initiative to balance media and enterprise business with contrasting government contracts. Future demand is expected to grow dramatically with the demand of new markets for unmanned aerial vehicles and aircraft communications development.