
European Aerospace Giants Unite to Form New Space Company
Aerospace giants Airbus, Leonardo, and Thales have agreed to merge their space divisions, creating a new European entity to compete with SpaceX.
#Airbus#Leonardo#Thales
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Aerospace giants Airbus, Leonardo, and Thales have agreed to merge their space divisions, creating a new European entity to compete with SpaceX.

Leonardo has launched development projects with startups Adaptronics and Fluid Wire Robotics to create advanced robotic systems for in-orbit servicing and debris management.

Thales Alenia Space has opened a new €100 million satellite factory in Rome, designed to produce over 100 satellites annually using advanced robotics.

A framework agreement for a major European space company involving Italy's Leonardo, France's Thales, and Airbus will require several more weeks of talks and board approvals.