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Airbus, Thales, Leonardo in deal to create new space firm

By Frank Prenesti

Date: Thursday 23 Oct 2025

(Sharecast News) - European aerospace and defence companies Airbus, Leonardo and Thales have joined forces to combine their space businesses in a new entity to take on SpaceX of the US.
The trio on Thursday signed a memorandum of understanding to create a new operation pledging to deliver "mid-triple-digit millions" of...

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