Airbus, Leonardo and Thales sign Memorandum of Understanding to create a leading European player in space
France, Oct. 23 -- Airbus, Leonardo and Thales have signed a Memorandum of Understanding ("MoU") aimed at combining their respective space activities into a new company.By joining forces, Airbus, Leonardo and Thales aim to strengthen Europe's strategic autonomy in space, a major sector that underpins critical infrastructure and services related to telecommunications, global navigation, earth observation, science, exploration and national security. This new company also intends to serve as the trusted partner for developing and implementing national sovereign space programmes.This new company will pool, build and develop a comprehensive portfolio of complementary technologies and end-to-end solutions, from space infrastructure to services (e...
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