Lee Duna@lemmy.nz to Europe@feddit.orgEnglish · 1 month agoDefense giants Airbus, Thales and Leonardo announce space merger to rival Elon Musk’s Starlinkwww.cnbc.comexternal-linkmessage-square1linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkDefense giants Airbus, Thales and Leonardo announce space merger to rival Elon Musk’s Starlinkwww.cnbc.comLee Duna@lemmy.nz to Europe@feddit.orgEnglish · 1 month agomessage-square1linkfedilink
minus-squarehuppakee@piefed.sociallinkfedilinkEnglisharrow-up0·1 month ago Airbus, Leonardo and Thales announced Thursday that they will combine their satellite and space activities […]. Airbus will be the majority owner of the new joint venture with a 35% stake, and Leonardo and Thales will each hold a 32.5% stake in the new company. The development of space launchers will be excluded from the new company’s operations.