Airbus, Leonardo and Thales sign MoU
• New European space player aims to unite and enhance capabilities by combining the three respective activities in satellite and space systems manufacturing and space services.
• Major milestone in strengthening the European space ecosystem, supporting a greater innovation capability, strategic autonomy and competitiveness, to ensure Europe enhances its role as a key player in the space global market.
• New company could be operational in 2027, subject to regulatory approvals and satisfaction of other closing conditions.
• Project expected to generate significant synergies, foster innovation, and deliver added value to customers, shareholders and employees.
Amsterdam, Rome, Paris, 23 October 2025 – Airbus (stock exchange symbol: AIR), Leonardo (Borsa Italiana: LDO) and Thales (Euronext Paris: HO) 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. (....)