Business

Leonardo and European Giants to Challenge Starlink with New Satellite Venture

European Satellite Alliance in the Making

Roberto Cingolani, CEO of Leonardo S.p.A., has revealed plans to form a European satellite alliance with partners such as Airbus SE and Thales Group. This ambitious project aims to compete with Elon Musk's Starlink, marking a significant step in the global satellite internet race.

Strategic Synergies and Market Viability

The companies are currently exploring potential synergies, market convenience, and antitrust compliance. Cingolani anticipates announcing detailed plans within the coming months, signaling a bold move in the satellite communication sector.

Future Satellite Deployments

Leonardo has also announced its intention to deploy 18 military satellites and 20 civil multi-sensor satellites into orbit by 2027 and 2028, further solidifying its position in the space technology arena.