Airbus, Leonardo, and Thales to Merge Space Operations by 2025

Airbus, Leonardo, and Thales have reached an agreement to merge their space operations by October 2025. According to Jin10, the proposed joint venture is expected to receive approval from the European Union by 2027. This strategic move aims to consolidate their expertise and resources in the aerospace sector, enhancing their competitive edge in the global market. The merger is anticipated to streamline operations and foster innovation in space technology, positioning the companies for future growth and development in the industry.