Space to Grow argues that political inefficiencies stunted NASA’s innovation, while SpaceX’s market-driven model slashed ...

Despite Europe being the world's largest exporter of satellites, its two main manufacturers - Airbus and a tie-up between Thales and Italy's Leonardo - have struggled to make money and want to ...

Airbus CEO Guillaume Faury signals talks among his company, Thales and Leonardo to combine satellite operations may drag into 2026.

Airbus SE has hired Goldman Sachs Group Inc. for advice on an effort to forge a new European space and satellite company that can better compete with Elon Musk’s dominant SpaceX, according to ...

Airbus, Leonardo and Thales Alenia Space are exploring a joint venture to boost satellite production in an effort to compete with Musk's Starlink and other global players, particularly on low Earth ...

Thales’ aerospace business is exposed to high cyclicality, as approximately 65% of its revenue comes from civil aviation activities. Airlines' profitability is closely tied to factors like ...

Airbus Defence & Space has reported a loss of €566 million ($590 million) against its activities last year, with space activities and the A400M tactical transport having contributed to the deficit.

Representatives for Airbus, Leonardo, Goldman and BofA declined to comment. Thales reiterated that early discussions have taken place, without commenting on advisers.

SpaceX rivalry prompts Airbus to cut 2,000 jobs Airbus and its European competitors are moving to cut costs to help their fight with US rivals in the satellite space, including Elon Musk's SpaceX.

AIRBUS announced just over 2,000 job cuts in Defence and Space, or about 5 per cent of its second-largest division, as it reels from US competition in the satellites sector but the cuts were not as ...