European Aerospace Giants Form Alliance to Challenge Starlink's Dominance in Satellite Industry

Oct 23, 2025 03:42 pm CST

European aerospace leaders Airbus, Thales, and Leonardo have announced a strategic merger of their satellite manufacturing operations, creating a powerful joint venture with 25,000 employees and €6.5 billion in annual revenue. Set to launch in 2027 pending regulatory approval, this alliance aims to counter the rapid expansion of competitors like Elon Musk's Starlink and reshape Europe's position in the global space industry.