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Thales: still working on satellite merger project, no agreement reached at this stage
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Thales: still working on satellite merger project, no agreement reached at this stage
Oct 16, 2025 3:55 AM

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.

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