Techspace Aero is a joint venture company of
- Saffron SA 67%
- Public sector (in the Belgian region of Wallonia) 31%
- Federal Investment and Participation Company (Société Fédérale de Participations et d'Investissements - SFPI) 2%
Techspace Aero is involved in almost every engine currently in development or production , as well as being active in space travel . With around 1350 employees, a turnover of 448 million euros is achieved in 2012. In 2003 Techspace Aero significantly expanded its competence in the product area of test stand activities by acquiring CENCO from Pratt & Whitney .