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
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Should l Buy ?
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.
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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.
