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  • DPA

    Airbus and Thales reportedly explore merger of space operations

    By DPA,

    1 day ago

    https://img.particlenews.com/image.php?url=3x9yKY_0uRX9Frk00

    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.

    At this stage, La Tribune said, all parties involved remain highly cautious about the potential success of these talks, especially given the history of failed attempts to merge their space activities over the past 15 years.

    Airbus Defence & Space is headquarter in southern Germany, while Thales Alenia Space is based in Cannes, France.

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