Leonardo Sees 2027 EU Approval for Airbus-Thales Space Venture as Europe Chases $1.8 Trillion SpaceX
Updated
Updated · Bloomberg · Jun 9
Leonardo Sees 2027 EU Approval for Airbus-Thales Space Venture as Europe Chases $1.8 Trillion SpaceX
3 articles · Updated · Bloomberg · Jun 9
Summary
End-2027 approval is the timeline Leonardo’s new CEO set for European regulators to clear the satellite venture with Airbus and Thales.
Project Bromo would then move ahead as one of Europe’s biggest defense and space efforts, combining regional space operations under a single venture.
The push reflects Europe’s struggle to keep pace with SpaceX, which the report described as the dominant US rival and is set to go public this week at about a $1.8 trillion valuation.