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2 clusters · 7 sources · 9 days · First seen · Last updated

European aerospace companies pursuit of space autonomy

Overview

European aerospace companies are pursuing strategic restructuring to enhance regional satellite autonomy and compete with global rivals. Airbus has reportedly considered selling its United States space division, including its Merritt Island manufacturing plant and Arrow series satellites, to focus on European operations.

This shift aligns with a broader movement toward industrial cooperation among major European players. Airbus, Thales, and Leonardo are working toward a joint venture named ‘Bromo’. The consortium aims to submit a proposal to antitrust authorities to establish a competitive European provider by January 1, 2028. This initiative, described by Leonardo CEO Lorenzo Mariani as essential for building resilient supply chains, seeks to achieve strategic sovereignty through ‘coopetition’ amidst intensifying global space competition.

Entities

Leonardo · Thales · Airbus · Europe · Merritt Island

Timeline

  1. 5 days ago

    [TECHNOLOGY] 2 sources
    Leonardo, Thales, and Airbus pursue space joint venture

    European aerospace firms Leonardo, Thales, and Airbus are forming a joint venture called ‘Bromo’ to bolster Europe's space sector competitiveness and supply chain resilience.

  2. 13 days ago

    [BUSINESS] 5 sources
    Airbus considers selling US space division to focus on European satellite autonomy

    Airbus is reportedly seeking buyers for its US space division, including its Florida satellite plant, to focus on a new European aerospace alliance with Thales and Leonardo to compete with SpaceX.

Sources

agefi.fr · bagimsizhavacilar.com · berliner-sonntagsblatt.de · eveningreport.nz · fr.businessam.be · geopolitica.info · sudouest.fr