PARIS, Oct 6 (Reuters) - Talks between Airbus,
Thales and Leonardo to create a major new
European satellite manufacturer have hit a roadblock after
existing partners Thales and Leonardo asked for more time,
French daily La Tribune reported.
Airbus and the other two companies, which own Airbus' main
competitor in satellite production, Thales Alenia Space, have
been in talks for months to create a new European venture to
compete more effectively with Elon Musk's SpaceX.
La Tribune reported that talks accelerated last week but hit
a last-minute hurdle over the relative workshare to be granted
to the three companies.
A spokesperson for Airbus said: "Talks with our partners
continue and are confidential in nature; it is too early to
comment further."
Thales and Leonardo did not immediately reply to requests
for comment.