DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Europe's Space Giants Unite to Challenge Starlink
Europe's Space Giants Unite to Challenge Starlink

Europe's Space Giants Unite to Challenge Starlink

Update: 2025-10-22
Share

Description

European aerospace giants Airbus, Thales, and Leonardo delayed a major merger announcement aimed at challenging Elon Musk's Starlink dominance in the satellite industry. Delayed by last-minute legal reviews, the merger—code-named Projet Bromo—seeks to combine the companies' satellite technology to regain lost market share and boost declining profits. While the deal is expected to proceed, finalizing leadership roles and securing regulatory approval could take up to two years, marking a critical moment for Europe's competitiveness in the global space market.

The Daily News Now! — Every city. Every story. AI-powered.


Hosted on Acast. See acast.com/privacy for more information.

Comments 
In Channel
loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Europe's Space Giants Unite to Challenge Starlink

Europe's Space Giants Unite to Challenge Starlink