What Happened
Airbus, Leonardo, and Thales Unite to Scale European Space Industry
Airbus, Leonardo, and Thales are advancing a space business consolidation plan codenamed Project Bromo, aiming to combine parts of their respective space operations into a new company with a projected annual revenue of 6.5 billion euros. The project, driven by the EU to enhance local supply chains against SpaceX, focuses on satellite manufacturing, space systems, and defense applications. While Bromo may increase competitive pressure on SpaceX in European government space projects, its short-term impact on Starlink’s global scale advantage remains limited, as reported by Unknown Source.