- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.PARIS (Reuters) - European aerospace groups Airbus and Thales are exploring a tie-up of some space activities as new competition disrupts the sector, two industry sources said. The sources said preliminary talks were focusing on their overlapping satellite activities.finance.yahoo.com/news/airbus-thales-seriously-lo…Airbus and Thales are actively considering a merger of their space activities, which would consolidate Airbus Defence & Space and Thales Alenia Space, French business paper La Tribune reported citing unnamed sources. The report noted that the companies have initiated preliminary discussions involving various tie-up scenarios.finance.yahoo.com/news/airbus-thales-reportedly-e…
Insider Brief:
- According to industry sources, Airbus and Thales are in early discussions about a potential collaboration on their satellite activities to address challenges from new competitors in the space sector.
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