During 1978, VEGA was established by a small group of engineers at the European Space Operations Centre in Darmstadt, Germany.[1] The company had been setup to fulfil the first operations engineering frame contract, which had been competitively bid for and awarded, to provide satellite operations support for several European Space Agency (ESA) missions. During VEGA's initial years of operation, this contract comprised the bulk of its activity.[1]
During 1996, VEGA acquires the automation and control engineering business Selmers.[1] The firm's UK offices were located to Welwyn Garden City, Hertfordshire, in the following year. During 2004, VEGA acquired the German space ground systems specialist Anite Systems GmbH. Three years later, the company reorganised itself into several subsidiaries, VEGA France and VEGA Spain.[1] By this point, according to VEGA's own financial statements, the firm self-classified as a specialist professional services company in the principal markets of Aerospace, Defence and Government.[2]
During 2008, VEGA was itself acquired by the Italian aerospace group Finmeccanica (since rebranded as Leonardo); accordingly, it was delisted from the London Stock Exchange.[1] Initially, the company became a subsidiary of Selex ES with the Finmeccanica Group, but continued to operate under the VEGA brand. However, it was restructured over the following three years, including the creation of VEGA Space Ltd during 2010, and the transfer of VEGA's ownership to Telespazio, a space operations joint venture between Finmeccanica and French defense electronics specialist Thales Group on 1 January 2011.[1]
By the 2010s, activities performed by Telespazio VEGA UK included satellite navigation systems, satellite communications (fixed and mobile), ground-based satellite mission control systems, Earth observation, consultancy services for numerous international space programmes, along with general space engineering and operational activities.[7][8] During 2018, Luigi Pasquali, Telespazio CEO, declared that the company's long term goal is to capture 10 per secure of the global space market by 2030.[7]
In 2021, Telespazio VEGA changed its name to Telespazio UK.