Europe firms agree satellite merger to counter Starlink

Europe firms agree satellite merger to counter Starlink

European aerospace groups unveiled a preliminary deal on Thursday to pool their loss-making satellite manufacturing activities, combining forces after months of negotiations to counter the runaway growth of rivals led by Elon Musk’s Starlink. The keenly awaited deal between Airbus, Thales and Leonardo would create a new venture starting from 2027, subject to approval by…

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The satellite broadband operators taking on Starlink

The satellite broadband operators taking on Starlink

SpaceX subsidiary Starlink has first-mover advantage in the low-Earth orbit (LEO) satellite broadband market, but many well-funded competitors are snapping at its heels, including some from China. As of last month, Starlink had some 7 800 satellites in orbit, accounting for more than 65% of all active LEO constellations. Starlink has already sought regulatory approval to…

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