{"id":219934,"date":"2025-10-23T09:15:07","date_gmt":"2025-10-23T09:15:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/219934\/"},"modified":"2025-10-23T09:15:07","modified_gmt":"2025-10-23T09:15:07","slug":"airbus-leonardo-thales-merge-satellite-operators-compete-with-musks-spacex","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/219934\/","title":{"rendered":"Airbus, Leonardo, Thales Merge Satellite Operators, Compete With Musk&#8217;s SpaceX"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/AIR:FP\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Airbus SE<\/a>,  <a href=\"https:\/\/www.bloomberg.com\/quote\/LDO:IM\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Leonardo SpA<\/a> and <a href=\"https:\/\/www.bloomberg.com\/quote\/HO:FP\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Thales SA<\/a> sealed a long-awaited agreement to merge their satellite operations and create a European joint venture that would compete with Elon Musk\u2019s <a href=\"https:\/\/www.bloomberg.com\/quote\/711339Z:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">SpaceX<\/a>.  <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The preliminary deal wraps up months of three-way talks and clears the path to create a single company with annual revenue of about \u20ac6.5 billion ($7.5 billion). Airbus will own 35% of the group, with the other two partners each holding 32.5% stakes, according to a joint release.<\/p>\n","protected":false},"excerpt":{"rendered":"Airbus SE, Leonardo SpA and Thales SA sealed a long-awaited agreement to merge their satellite operations and create&hellip;\n","protected":false},"author":2,"featured_media":219935,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[94007,2018,84,63495,591,5629,819,94008,42329,306,90,416,86,94009,56,54,55],"class_list":{"0":"post-219934","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-space","8":"tag-airbus-se","9":"tag-bae-systems-plc","10":"tag-business","11":"tag-elon-reeve-musk","12":"tag-europe","13":"tag-executives","14":"tag-france","15":"tag-leonardo-spa","16":"tag-milan","17":"tag-regulation","18":"tag-science","19":"tag-space","20":"tag-technology","21":"tag-thales-sa","22":"tag-uk","23":"tag-united-kingdom","24":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/219934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=219934"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/219934\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/219935"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=219934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=219934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=219934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}