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Europe Eyes Mergers to Compete in Space Race

9/26/2025

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Summary

Story summary

A European Space Agency (ESA) official says Europe may need mergers to stay competitive with the U.S. and China. However, concentration could limit consumer choice; Europe must pursue independent space missions.
Airbus, Leonardo, and Thales discuss a 10 billion euro joint satellite venture to counter Starlink.
The European Commission will review merger proposals for anti-competitive concerns.

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Story summary

A European Space Agency (ESA) official says Europe may need mergers to stay competitive with the U.S. and China. However, concentration could limit consumer choice; Europe must pursue independent space missions.
Airbus, Leonardo, and Thales discuss a 10 billion euro joint satellite venture to counter Starlink.
The European Commission will review merger proposals for anti-competitive concerns.