Airbus, Leonardo, & Thales Join Forces to Form European Space Powerhouse
In a strategic move to elevate Europe's competitive edge in the global aerospace industry, Airbus, Leonardo, and Thales have entered a Memorandum of Understanding (MoU) to merge their space activities. This initiative aims to consolidate space divisions and create a new European entity capable of competing with global giants like SpaceX and Lockheed Martin. Excluding launch vehicles, this merger focuses on telecommunications, navigation, and earth observation among others.
Oct 24