PARIS / ROME / LONDON (IT BOLTWISE) – Airbus, Leonardo and Thales have reached a landmark agreement to strengthen the European space industry. With a new space company, they want to secure Europe’s strategic autonomy in space and assert themselves in global competition.
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The European space industry is facing significant change as Airbus, Leonardo and Thales enter into a strategic alliance to strengthen Europe’s presence in space. This collaboration aims to secure Europe’s strategic autonomy in space and increase competitiveness in the global market. The three companies have signed a memorandum of understanding to create a new space company focused on critical infrastructure and services.
Airbus, based in France, along with Italy’s Leonardo and France’s Thales Group, has announced that the new company will operate in telecommunications, global navigation, earth observation, science, exploration and national security. This initiative marks a crucial milestone for the European space industry as it brings together the talents, resources and R&D capabilities of the three companies to accelerate innovation and deliver greater value to customers and stakeholders.
The planned company is intended to serve as a trusted partner for the development and implementation of national sovereign space programs. The aim is to strengthen the European space infrastructure by bundling technologies and developing end-to-end solutions. Airbus will provide space systems and digital support, while Leonardo Space Division and Thales Alenia Space will contribute their shares and expertise.
With a planned launch in 2027, depending on regulatory approvals, the new company could become a serious competitor to SpaceX, which is currently working with NASA on several projects. The European space industry could experience new dynamism through this alliance, not only driving technological development but also opening up export markets.
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