Launch vehicles · Europe's access to space
ArianeGroup
ArianeGroup is Europe's launch vehicle company, owned 50/50 by Airbus and Safran. It is lead contractor for the Ariane 6 heavy launcher, parent of launch service provider Arianespace, and prime contractor for the M51 submarine-launched ballistic missile at the core of France's sea-based nuclear deterrent. It posted consolidated revenues of EUR 2.6 billion in 2025 with about 8,700 employees in France and Germany.
Updated Jul 12, 2026 4 AI consumers· 2 recurring
Per the valuechain.wiki graph, ArianeGroup is directly linked to 3 companies (1 supply, 2 revenue, 1 investment relationships) and reaches 18 companies within two hops; the links are backed by 12 dated sources, 1 of them primary filings (as of 2026-07-12).
Financials & Segments
- Total revenue · EUR 2.6B (2025 consolidated; EUR 2.5B in 2024)
- Customer concentration · Unlisted 50:50 JV, no segment reporting. Revenue concentrates on ESA/EU institutional demand, the Amazon Kuiper backlog, and the French MoD (M51)
- Segments · Civil launchers (Ariane 6, Arianespace)(split not disclosed) · Defense (M51 strategic missile)(split not disclosed)
Revenue from
- ESA / European governments (institutional launches) High confidence· subsidy €340 · 2027-
ESA member states guarantee ~4 institutional Ariane 6 launches per year, and the Nov 2023 Seville ministerial approved up to EUR 340M/yr support covering flights 16-42. A quasi-public revenue pillar for Europe's autonomous access to space.Confirms EN European Space Agency Published Sep 3, 2021: ESA Council agrees resolution on Ariane 6 and Vega-C exploitation - Amazon (Project Kuiper / Leo) High confidence· launch contract 18회 · 2022-2028
In April 2022 Arianespace signed 18 Ariane 6 launches for Amazon's Kuiper constellation, its largest contract ever; 16 use the uprated Ariane 64, with the first flight lofting 32 Leo satellites in February 2026. Value undisclosed.Confirms EN Arianespace Published Apr 5, 2022: Arianespace signs unprecedented contract with Amazon for 18 Ariane 6 launches - French Ministry of Armed Forces (DGA, M51) High confidence
Prime industrial contractor since 2000 for the M51 SLBM of France's sea-based deterrent, across the full lifecycle. On 28 Aug 2025 the DGA awarded the M51.4 design-and-production contract; M51.3 entered service in Oct 2025. Value undisclosed.Confirms EN ArianeGroup Published Sep 12, 2025: ArianeGroup will develop the M51.4 strategic missile for the DGAConfirms EN French Ministry of Armed Forces Published Sep 12, 2025: The DGA orders the development of the M51.4 to ArianeGroup - Avio (Vega C components) High confidence
Reverse flow: ArianeGroup supplies Vega C components to Avio (mutual supply: Avio provides Ariane 6 boosters, ArianeGroup provides Vega C parts).Confirms EN Avio Published Nov 17, 2025: Avio and ArianeGroup sign Ariane 6 stabilized production contract valued over 200M EUR
Pays to
- Avio (P120C/P160C boosters, turbopumps) High confidence· supply contract €200 · 2025-2029
Ariane 6's P120C/P160C solid boosters are integrated by Europropulsion, the 50:50 ArianeGroup-Avio JV, with motors built at Avio's Colleferro plant. A Nov 2025 stabilised-production contract runs to 2029 (EUR 200M+ for Avio), which also supplies Vulcain oxygen turbopumps.Confirms EN Avio Published Nov 17, 2025: Avio and ArianeGroup sign Ariane 6 stabilized production contract valued over 200M EUR - MT Aerospace (OHB subsidiary; tanks, structures) High confidence
MT Aerospace, an OHB subsidiary, supplies tanks and major structures for Ariane 6 upper and core stages; the 25 Sep 2025 contract covers flight models 16-42, locking in ramp-up volumes. Value undisclosed.Confirms EN ArianeGroup Published Sep 26, 2025: ArianeGroup and MT Aerospace AG sign major Ariane 6 supplier contract
Investors
- Airbus (50% stake) High confidence· equity stake 50% · 2016-
Airbus holds half of the 50:50 JV finalised in 2016 (renamed ArianeGroup in 2017), and is also a supplier: its Getafe plant delivers large carbon-fibre structures for Ariane 6 (up to four per launcher).Confirms EN Airbus Published Nov 21, 2022: Airbus and ArianeGroup sign Ariane 6 transition batch contract in Spain - Safran (50% stake) High confidence· equity stake 50% · 2016-
Safran paid a EUR 750M equalisation at the 2016 closing for its 50% stake; ArianeGroup is equity-accounted in Safran's consolidated accounts, and Safran's Turin site supplies valves for the Vinci and Vulcain engines.Confirms EN ArianeGroup Published Jul 8, 2026: ArianeGroup and Beyond Gravity sign fairing supply contract
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Datadog | lead2 | +80.9 | -58.7 | +65.1 | +17.7 | -4.8 | +89.4 |
| Palo Alto Networks | lead2 | +56.7 | -24.8 | +111.3 | +23.4 | +1.2 | +76.9 |
| CrowdStrike | lead2 | -3.3 | -48.6 | +142.5 | +34 | +37 | +59.7 |
| Illumina | lead2 | +2.8 | -46.9 | -31.1 | -1.3 | -1.8 | +45 |
| Snowflake | lead2 | +20.4 | -57.6 | +38.6 | -22.4 | +42.1 | +19.2 |
| Airbnb Inc | lead2 | · | -48.6 | +59.2 | -3.5 | +3.3 | +9.5 |
| RTX | lead2 | +23.3 | +20 | -14.4 | +40.8 | +61.4 | +7.6 |
| Schrodinger | lead2 | -56 | -46.3 | +91.5 | -46.1 | -7.3 | -7.8 |
| MercadoLibre, Inc. | lead2 | -19.5 | -37.2 | +85.7 | +8.2 | +18.5 | -8 |
| Uber | lead2 | -17.8 | -41 | +149 | -2 | +35.5 | -8.8 |
| The Walt Disney Company | lead2 | -14.5 | -43.9 | +4.3 | +24.4 | +3.3 | -15.3 |
| Coupang | lead2 | · | -49.9 | +10.1 | +35.8 | +7.3 | -20.3 |
| Netflix | lead2 | +11.4 | -51.1 | +65.1 | +83.1 | +5.2 | -21.7 |
| Amazon | lead1 | +2.4 | -49.6 | +80.9 | +44.4 | +5.2 | +6.3 |
| Avio | lead1 | -9.9 | -4.7 | -17.1 | +98.4 | +117 | -10.8 |
| ArianeGroup | node | · | · | · | · | · | · |
| Avio | benef1 | -9.9 | -4.7 | -17.1 | +98.4 | +117 | -10.8 |
| Leonardo S.p.A. | benef2 | +11.3 | +50.3 | +73.6 | +89.1 | +88.1 | -6.8 |
A European launch-vehicle company owned 50/50 by Airbus and Safran — lead contractor for the Ariane 6 heavy launcher, parent of launch provider Arianespace, and prime for the M51 SLBM at the core of France's sea-based deterrent — a quasi-public asset symbolizing Europe's autonomous access to space. Revenue (EUR 2.6B in 2025) concentrates on three axes: ESA institutional launches (four guaranteed per year, up to EUR 340M/yr support), the Amazon Kuiper commercial backlog (18 Ariane 6 flights, its largest-ever contract), and the French MoD's M51 (M51.4 awarded Aug 2025). As an unlisted 50:50 JV it reports no segments, and results hinge on the Ariane 6 launch ramp and Kuiper backlog burn-down. Upstream on the graph are Avio (P120C boosters), MT Aerospace (tanks) and Airbus (structures); downstream are ESA, the EU, Amazon and the French armed forces.