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Europe satellite merger talks hit snag over workshare, report says
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Europe satellite merger talks hit snag over workshare, report says
Oct 6, 2025 12:59 AM

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.

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