Société pour l'étude et la réalisation d'engins balistiques
Airbus is a major player in the space industry, operating as a manufacturer and service provider. They develop and build spacecraft, satellites for telecommunications, navigation, and Earth observation, and also contribute to space exploration missions. Airbus partners with organizations like ESA and NASA, providing critical hardware like the Orion European Service Module and participating in missions such as JUICE and the Artemis program.
All verified mentions of this organization in source documents.
The agreed participation structure for the merger is 35% for Airbus, 32.5% for Leonardo, and 32.5% for Thales.
Airbus intends to secure long-term competitiveness and increase investments and activity levels through the future European space company.
Airbus, Thales, and Leonardo plan to merge their respective space assets in 2027 through Project Bromo.
The merger is projected to generate €6.5 billion in sales with an initial joint workforce of 25,000 employees, including 1,500 to 1,700 from Airbus Spain.
Only in Spain, Airbus employs over 1,500 people.
Leonardo, Thales, and Airbus signed a Memorandum of Understanding to integrate their space activities, creating an industrial entity with a projected revenue of 6.5 billion euros starting in 2027.
The merger will combine Airbus Space Systems and Space Digital businesses with Leonardo’s Space Division and shares in Telespazio and Thales Alenia Space.
An agreement between Leonardo, Thales, and Airbus represents an important step toward creating an industrial alliance in space.
Airbus’s space division has faced 'crippling losses' and workforce reductions.
On October 23, 2025, Airbus, Leonardo, and Thales signed a Memorandum of Understanding to consolidate their satellite and space systems manufacturing and space services into a new space company.
Airbus, Leonardo, and Thales signed a Memorandum of Understanding to create a leading European space player.
Airbus has created SpaceLab and Airbus Ventures to foster startup partnerships and accelerate disruptive technologies.
The project referred to by media sources as Project Bromo would combine the Space Systems and Space Digital businesses of Airbus and the Telespazio and Thales Alenia Space joint ventures of Thales and Leonardo.
The combined entity from Airbus, Thales, and Leonardo would employ approximately 25,000 people if current workforces are maintained.
FTM-CGT claims that Airbus Defence & Space and Thales Alenia Space win almost all the contracts they want and have a record order book.
Airbus, Thales, and Leonardo signed a memorandum of understanding to combine their space businesses into a single company.
Guillaume Faury is the Chief Executive Officer of Airbus, Roberto Cingolani is the Chief Executive Officer and General Manager of Leonardo, and Patrice Caine is the Chairman and Chief Executive Officer of Thales.
Airbus Defence & Space and Thales Alenia Space led the execution and construction process of the satellites with participation from notable national firms.
Airbus, Thales, and Leonardo have signed a Memorandum of Understanding to merge their space businesses.
The combination of Airbus, Leonardo, and Thales is expected to generate mid triple-digit million euros of total annual synergies on operating income five years after closing.