Surrey Satellite Technology Ltd
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Management & Ownership
SSTL is a privately owned company, with ownership shared between:
The University of Surrey (85%)
SSTL originally began as a department of the University devoted to space and satellite research. The University saw the potential of a commercial enterprise to further develop its new satellite technology and incorporated Surrey Satellite Technology Limited (SSTL) in 1985.
SpaceX (10%)
SpaceX is a launch provider in the US, founded by PayPal co-founder Elon Musk in 2002. With a very similar approach to space exploration (combining low-cost, high-speed, reliable space technology), SpaceX is a natural partner for SSTL.
SSTL staff (5%)
Professor Sir Martin Sweeting and SSTL employees hold 5% of SSTL shares.
The University of Surrey reached an agreement in April 2008 to sell its shares to EADS Astrium NV. The completion of this sale is awaiting approval from Merger Control authorities.
Management Team
Chairman: Professor Sir Martin Sweeting FRS FREng
Chief Executive Officer: Dr Matt Perkins
Finance Director: Sarah Parker
Business Development and Sales Director: Paul Brooks
Operations Director: Jenny Lorenzi
Engineering Director: Andy Bradford
Projects Director: Jenny Harding
Commercial Director: Dr John Paffett
DMCii Managing Director: Dave Hodgson
HR Director: Marie Wallis
Company Secretary: Helen Perkins
Non-Executive Directors
Dr John Forrest
Elon Musk
Olof Lundberg
Greg Melly
