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Airbus, Thales, and Italy's Leonardo aim to strengthen Europe's strategic autonomy in space.
Leonardo will transfer its operations while Thales will contribute its shares in Thales Alenia Space, Telespazio, and Thales SESO.
The goal of the new company is to enhance the manufacturing capabilities of satellites and space systems for Airbus, Leonardo, and Thales.
Airbus, Leonardo, and Thales have signed a Memorandum of Understanding to unify their respective space activities into a new company.
Airbus, Leonardo, and Thales signed a Memorandum of Understanding (MoU) to create a leading European space company to rival SpaceX’s Starlink.
Thales will primarily contribute its stake in Thales Alenia Space, Telespazio, and Thales SESO to the new company.
The ownership of the new company will be shared between Airbus, Leonardo, and Thales, with respective stakes of 35%, 32.5%, and 32.5%, and will operate under joint control with balanced governance.
Airbus will own a 35 percent stake, while Leonardo and Thales will own 32.5 percent stakes each in the new company.
Thales will contribute its shares in Thales Alenia Space, Telespazio, and Thales SESO.
The ownership of the new company will be shared among the parent companies, with Airbus holding 35%, Leonardo 32.5%, and Thales 32.5% of the capital.
Airbus, Leonardo, and Thales signed a historic memorandum of understanding to combine their space activities into a new company.
Telespazio Ibérica is a subsidiary of the Telespazio group, which is owned by Leonardo and Thales, and employs over 200 individuals in Spain.
The satellite manufacturing facility in Rome was funded by the Italian Space Agency (ASI) with substantial investment from France’s Thales and Italy’s Leonardo.
Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), is the prime contractor for the Sentinel-1D project.
The Space Smart Factory is the result of an investment of over 100 million euros, partially funded by Next Generation EU funds managed by the Italian Space Agency (ASI) and significant investments from Thales and Leonardo.
Thales Alenia Space is a joint venture between Thales (67%) and Leonardo (33%).
Thales Alenia Space, a joint venture of Thales (67%) and Leonardo (33%), is the prime contractor for Sentinel-1D.
Thales Alenia Space is a joint venture between Thales (67%) and Leonardo (33%).
A significant portion of the budget was spent in Australia involving several Australian companies, including TIAM Solutions, Thales Australia, Fredon, and Westforce Construction.
Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), signed a contract with the European Space Agency (ESA) for the SAGA mission。