Leonardo's Bold Move Against Starlink

In a significant development in the space technology sector, Leonardo S.p.A., alongside industry heavyweights Airbus SE and Thales Group, is set to unveil a European satellite alliance aimed at competing with Elon Musk's Starlink.

Timeline and Strategic Considerations

CEO Roberto Cingolani revealed that the alliance's plans could be announced within the coming months. Speaking to CNBC, Cingolani emphasized the ongoing efforts to evaluate the venture's feasibility, focusing on market convenience, potential synergies, and antitrust compliance.

Leonardo's Ambitious Satellite Deployment

Earlier this month, Leonardo announced its ambitious project to deploy 18 military satellites and 20 civil multi-sensor satellites into orbit by 2027 and 2028, marking a significant step in Europe's space exploration and defense capabilities.