In a landmark move to strengthen Europe’s presence in the global space arena, Airbus, Leonardo and Thales have signed a Memorandum of Understanding (MoU) to merge their space activities, paving the way for a unified and resilient European leader in the sector.
Major Italian and international newspapers have reported the announcement of a significant Memorandum of Understanding (MoU) between Airbus, Leonardo, and Thales. The agreement aims to merge the space activities of the three companies into a single, integrated entity.
Â
Through this collaboration, the partners seek to consolidate Europe’s strategic autonomy in space — a critical domain that underpins essential infrastructures and services such as telecommunications, global navigation, Earth observation, scientific research, exploration, and national security.
Â
The newly formed company will unite the strengths of the three industrial giants to develop and deliver a comprehensive portfolio of complementary technologies and end-to-end solutions. By combining resources and expertise, the venture will create a robust and globally competitive player employing approximately 25,000 people across Europe.
Â
This strategic consolidation reflects a shared commitment to advancing Europe’s space capabilities, ensuring resilience, innovation, and competitiveness in a rapidly evolving global market.
SOURCE AND IMAGE: AIRBUS
