
Airbus, Leonardo and Thales Push Brussels to Approve Pan-European Space Company
The chief executives of Airbus and Leonardo have urged the EU to back a merger with Thales, arguing scale is needed to compete with SpaceX.
AfroEuropa Newsroom
AfroEuropa desk
The chief executives of Airbus and Leonardo, the Italian aerospace and defence group, have called on Brussels to clear a plan to form a pan-European space company together with Thales, the French aerospace and defence group, according to EU-Startups.
The rationale, as reported, is that combining the three companies would give the resulting group the scale and influence to take on rivals based outside Europe, chief among them Elon Musk's SpaceX. EU-Startups quoted Lorenzo Mariani of Leonardo as saying that without cooperation European industries will never reach the critical mass and capability to become worldwide champions.
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