Leonardo S.p.A. CEO Reveals Ambitious Plans for European Satellite Network

In a bold move to counter Elon Musk's Starlink, Leonardo S.p.A. CEO Roberto Cingolani unveiled plans for a European satellite alliance. This partnership, including giants like Airbus SE and Thales Group, aims to redefine space communication.

Strategic Synergies and Market Viability Under Scrutiny

Cingolani shared with CNBC that the consortium is meticulously evaluating potential synergies, market convenience, and antitrust compliance. The announcement of this venture is anticipated within the coming months, marking a significant milestone in Europe's space ambition.

Leonardo's Vision for the Skies: A Dual Satellite Launch

Earlier announcements revealed Leonardo's strategy to deploy 18 military and 20 civil multi-sensor satellites by 2027-2028. This initiative underscores the company's commitment to enhancing global communication and surveillance capabilities from orbit.