European Aerospace Giants Make Progress on Collaborative Space Venture to Compete with SpaceX
SPACE ECONOMY
Airbus, Thales, and Leonardo are advancing discussions on a collaborative space venture, codenamed Project Bromo, aimed at enhancing Europe's space capabilities in communication satellites. Despite existing strengths with Ariane rockets, Europe lacks a robust counter to SpaceX's Starlink network.
Discussions are reportedly progressing, with potential announcements expected soon. While industry leaders express commitment, there are concerns about the timeline and effectiveness of this alliance, especially given the competitive landscape with SpaceX and China's advancements.
Sep 17, 2025, 1:14 PM