European aerospace companies have reached a framework deal to merge their satellite businesses, according to industry sources. The agreement will create a new joint venture that combines two of the continent’s largest satellite operators, aiming to boost the European space sector’s competitiveness against U.S. and Asian rivals.
The merger plan, outlined in a confidential memorandum, is still in the proposal stage. The new entity will pool resources, share technology, and streamline R&D to faster develop next‑generation satellites. Officials say the collaboration will reduce costs for European customers and strengthen the EU’s strategic autonomy in space.
While the deal is still subject to regulatory review, stakeholders expect a public announcement early next year. “We’re excited about the opportunity to bring together complementary assets and enhance our service offerings,” said a spokesperson for one of the companies.
Industry analysts highlight that the move could streamline procurement for satellite services, from telecom networks to navigation and Earth observation. By uniting their expertise, the partners aim to deliver more robust, cost‑effective solutions across Europe.
The merger fits into the wider European digital and space strategy, which seeks to protect critical infrastructure and advance high‑tech growth. The proposed joint venture will need approval from the European Union’s competition authority before it can begin operations.
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