Lee Duna@lemmy.nz to Europe@feddit.orgEnglish · 4 days agoDefense giants Airbus, Thales and Leonardo announce space merger to rival Elon Musk’s Starlinkwww.cnbc.comexternal-linkmessage-square1fedilinkarrow-up145cross-posted to: worldnews@lemmit.online
arrow-up145external-linkDefense giants Airbus, Thales and Leonardo announce space merger to rival Elon Musk’s Starlinkwww.cnbc.comLee Duna@lemmy.nz to Europe@feddit.orgEnglish · 4 days agomessage-square1fedilinkcross-posted to: worldnews@lemmit.online
minus-squarehuppakee@piefed.sociallinkfedilinkEnglisharrow-up8·4 days 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.