Airbus, Leonardo, Thales to Launch Space Tie-Up
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Europe's big three aerospace manufacturers combine their space divisions to create a rival to SpaceX
Europe's big three aerospace manufacturers are combining their space divisions to create a pan-European entity. This company could rival SpaceX and Starlink.
Airbus and Thales Alenia Space developed the SpainSat NG-II SATCOM capability which launched into orbit and entered service.
Leonardo, Airbus, and Thales have reportedly agreed on a framework deal to merge their satellite businesses. This merger is pending board and regulatory approvals. Sources indicate Leonardo has an extraordinary board meeting scheduled to discuss the details of this significant deal in the aerospace industry.