Leonardo, Thales, Airbus are said to explore space alliance to rival Musk's Starlink
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 17 2025
0mins
Source: SeekingAlpha
Joint Space Venture: European aerospace companies Leonardo, Thales, and Airbus are considering a joint venture named "Project Bromo" to enhance Europe's satellite communications competitiveness against rivals like Starlink, with a decision expected by the end of July.
Business Model and Collaboration: The initiative may involve merging existing partnerships and will adopt a governance structure similar to that of MBDA, while also seeking to expand collaboration among Italy, France, and Germany in the aerospace sector.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
