Airbus, Leonardo, and Thales have announced a strategic merger of their space activities, aiming to enhance Europe’s autonomy in the increasingly competitive global space industry. The newly formed entity will focus on supporting national sovereign space programs and advancing initiatives in international export markets.
This merger is poised to consolidate a wide array of technologies and services that span the entire spectrum of space infrastructure. Key areas of development will include telecommunications, global navigation, earth observation, and research and development—along with ambitious plans for space exploration.
In their joint statement, the companies emphasized that this collaboration will not only promote cooperation among European nations in the space sector but also align with the goals of European governments to bolster their industrial and technological capabilities. The initiative is anticipated to generate additional revenue streams by leveraging an expansive portfolio of end-to-end products and services, ultimately enhancing their competitiveness and expanding global market reach.
The new entity will feature a shareholding structure comprising 35 percent ownership by Airbus, with Leonardo and Thales each holding 32.5 percent. Control of the company will be equally balanced among the three partners, ensuring a collaborative governance framework.
Airbus is set to bring its Space Systems and Space Digital divisions into the mix, which includes satellite platforms, spacecraft technologies, and digital services that enhance space operations. Leonardo will contribute its extensive Space Division, which includes stakes in Telespazio, a company specializing in satellite services and ground infrastructure, and Thales Alenia Space, a collaborative venture with Thales. For its part, Thales will integrate its shares in Thales Alenia Space, Telespazio, and Thales SESO, thereby fortifying the new entity’s expertise in satellite manufacturing, space services, and mission support.
The strategic alliance is a significant move towards reinforcing Europe’s position in the global space arena, addressing both national interests and fostering collaborative talents across the continent.
