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Safran
Safran S.A. (French pronunciation: [safʁɑ̃]) is a French multinational aerospace, defence and security corporation headquartered in Paris. It designs, develops and manufactures both commercial and military aircraft engines; launch vehicle, spacecraft and missile propulsion systems; as well as various other aerospace and military equipment and devices. The company was founded in 2005 through a merger between the aerospace engine manufacturer SNECMA and the electronics specialist SAGEM. Safran's subsequent acquisition of Zodiac Aerospace in 2018 significantly expanded its aeronautical activities.
Employing over 92,000 people and generating 27.31 billion euros in revenue in 2024, the company is listed on the Euronext stock exchange and is part of the CAC 40 and Euro Stoxx 50.
The name Safran was chosen from 4,250 suggestions, including 1,750 proposed by employees. As a holding company for many subsidiaries, the name was deemed suitable for the suggestion of direction, movement, and strategy. Safran translates as "rudder blade" and as "saffron", which the company highlights as one of the catalysts for early international trade.
In 1905, Louis Seguin created the company Gnome. Production of the first rotary engine for airplanes, the Gnome Omega, started in 1909. This company merged with Le Rhône, a company created in 1912 by Louis Verdet, to form the Gnome et Rhône engine company. Gnome & Rhône was nationalized in 1945, creating Snecma. In 2000, this company gave its name to the “Snecma Group”, and carried out a number of acquisitions to form a larger group with an array of complementary businesses.
Sagem (Société d’Applications Générales de l’Electricité et de la Mécanique) was created in 1925 by Marcel Môme. In 1939, Sagem entered the telephone and transmissions market by taking control of Société anonyme des télécommunications (SAT). It acquired Société de Fabrication d’Instruments de Mesure (Sfim), a measurement instrument specialist, in 1999. However, by 2008, Sagem Mobile and Sagem Communications had been sold. Sagem Mobile became Sagem Wireless in January 2009.
The Safran Group was created on 11 May 2005 with the merger of Snecma and Sagem SA.
In June 2014, Arianespace CEO Stéphane Israël announced that European efforts to remain competitive in response to SpaceX's recent success have begun in earnest. This included the creation of a new joint venture company from Arianespace's two largest shareholders: the launch-vehicle producer Airbus and engine-producer Safran.
By May 2015, Safran had created with Airbus Group a launcher joint venture called Airbus Safran Launchers. This entity developed the Ariane 6 launch vehicle for its initial flights in July 2024.
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Safran
Safran S.A. (French pronunciation: [safʁɑ̃]) is a French multinational aerospace, defence and security corporation headquartered in Paris. It designs, develops and manufactures both commercial and military aircraft engines; launch vehicle, spacecraft and missile propulsion systems; as well as various other aerospace and military equipment and devices. The company was founded in 2005 through a merger between the aerospace engine manufacturer SNECMA and the electronics specialist SAGEM. Safran's subsequent acquisition of Zodiac Aerospace in 2018 significantly expanded its aeronautical activities.
Employing over 92,000 people and generating 27.31 billion euros in revenue in 2024, the company is listed on the Euronext stock exchange and is part of the CAC 40 and Euro Stoxx 50.
The name Safran was chosen from 4,250 suggestions, including 1,750 proposed by employees. As a holding company for many subsidiaries, the name was deemed suitable for the suggestion of direction, movement, and strategy. Safran translates as "rudder blade" and as "saffron", which the company highlights as one of the catalysts for early international trade.
In 1905, Louis Seguin created the company Gnome. Production of the first rotary engine for airplanes, the Gnome Omega, started in 1909. This company merged with Le Rhône, a company created in 1912 by Louis Verdet, to form the Gnome et Rhône engine company. Gnome & Rhône was nationalized in 1945, creating Snecma. In 2000, this company gave its name to the “Snecma Group”, and carried out a number of acquisitions to form a larger group with an array of complementary businesses.
Sagem (Société d’Applications Générales de l’Electricité et de la Mécanique) was created in 1925 by Marcel Môme. In 1939, Sagem entered the telephone and transmissions market by taking control of Société anonyme des télécommunications (SAT). It acquired Société de Fabrication d’Instruments de Mesure (Sfim), a measurement instrument specialist, in 1999. However, by 2008, Sagem Mobile and Sagem Communications had been sold. Sagem Mobile became Sagem Wireless in January 2009.
The Safran Group was created on 11 May 2005 with the merger of Snecma and Sagem SA.
In June 2014, Arianespace CEO Stéphane Israël announced that European efforts to remain competitive in response to SpaceX's recent success have begun in earnest. This included the creation of a new joint venture company from Arianespace's two largest shareholders: the launch-vehicle producer Airbus and engine-producer Safran.
By May 2015, Safran had created with Airbus Group a launcher joint venture called Airbus Safran Launchers. This entity developed the Ariane 6 launch vehicle for its initial flights in July 2024.