European defense giants eye Starlink alternative within months
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 03 2025
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Should l Buy ?
Source: CNBC
European Satellite Alliance: Leonardo, in collaboration with Airbus and Thales, is working on a satellite alliance to provide alternatives to Elon Musk's Starlink, aiming to present a business plan within months while ensuring compliance with market and antitrust regulations.
Shift in Defense Strategy: The discussions reflect a broader shift in European defense strategy as countries reassess their reliance on U.S. support and explore independent capabilities, particularly in light of recent geopolitical tensions and the need for enhanced security measures.
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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.
