Europe we have a problem: shared satellite venture is still a giant leap away
- Posted on June 24, 2025
- By Yahoo News
- 2 Views
Europe we have a problem: shared satellite venture is still a giant leap away
PARIS (Reuters) -Europe's drive to create a satellite manufacturing champion is taking longer than planned, and debates over costs, competition policy and who might participate could continue to hamper progress despite French calls for greater urgency. Under so-called "Project Bromo", named after an Indonesian volcano, Airbus, Italy's Leonardo and France's Thales are looking at creating a joint space company to better compete with China and Elon Musk's Starlink.