Published by Global Banking and Finance Review
Posted on October 16, 2025
1 min readLast updated: January 21, 2026
Thales, Airbus, and Leonardo are in talks for a European satellite merger. No agreement has been reached, but efforts continue.
PARIS (Reuters) -No agreement has yet been reached between France's Airbus and Thales and Italy's Leonardo to create a major new European satellite manufacturer, a Thales spokesperson told Reuters on Thursday.
"No agreement has been reached at this stage. We are continuing our work. Any further comment would be premature," the spokesperson said.
(Reporting by Tim Hepher; Writing by Benoit Van Overstraeten; Editing by Sudip Kar-Gupta)
A merger is a business strategy where two companies combine to form a single entity, often to enhance competitive advantages, increase market share, or achieve operational efficiencies.
A satellite manufacturer is a company that designs and builds satellites for various purposes, including communication, weather monitoring, and scientific research.
European satellite manufacturing is crucial for advancing technology, enhancing communication capabilities, and ensuring competitive positioning in the global aerospace market.
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