Europe’s Big Three Aerospace Manufacturers Combine Their Space Divisions

Airbus, Leonardo, and Thales are merging their space divisions into a new France-based company that aims to create a “leading European player in space.” The joint venture, expected to launch operations by 2027 pending regulatory approval, will pool R&D resources to accelerate satellite development and strengthen Europe’s technological sovereignty in space. Engadget reports: The companies Airbus, Leonardo and Thales have finalized this deal. The new unnamed entity will be…