PARIS / LONDON (IT BOLTWISE) – Europe’s leading aerospace companies Airbus, Leonardo and Thales are joining forces to establish a strong European presence in space. This new alliance aims to challenge SpaceX and strengthen Europe’s sovereignty in space. The merger is expected to be completed by 2027 and could spur the development of more efficient satellites.
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The European space industry is facing significant change as the three major aerospace companies, Airbus, Leonardo and Thales, merge their space divisions into a joint company. This new entity, which will be based in France, is intended to be Europe’s answer to SpaceX’s dominance in space. With around 25,000 employees, the company will play a significant role in the European space landscape.
Airbus will own 35 percent of the new company, while Leonardo and Thales will each own 32.5 percent. This strategic alliance aims to meet Europe’s need for sovereignty in space and create an alternative to SpaceX’s Starlink communications network. The companies emphasize that pooling their talent, resources and R&D capacities should promote growth and innovation.
The merger of the space divisions of Airbus, Leonardo and Thales marks a turning point in the European space industry. While Airbus and Thales were previously rivals in the satellite market, they are now joining forces to compete against competition from the USA. Leonardo brings its expertise in space systems and services, increasing the chances of seriously challenging SpaceX.
A key goal of the new company will be to find more efficient ways to develop and manufacture satellites. This is particularly important as demand for satellite communications and monitoring increases worldwide. The companies plan to keep their existing locations in their respective home countries, which ensures the continuity of existing capabilities.
Discussions about this merger have been ongoing since 2019, and the companies expect the new entity to be fully operational by 2027. Regulatory approval is still pending, but the companies are confident the merger will be approved. This development could permanently transform the European space industry and set new standards for innovation and collaboration.
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