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# Airbus, Leonardo and Thales sign MOU for European space joint venture
- URL: https://sovereigntymonitor.eu/news/2025-10-23-airbus-leonardo-thales-space-jv-mou/
- Published: 2025-10-23T12:00:00.000Z
- Updated: 2026-10-13T12:01:47.000Z
- Description: Airbus, Leonardo and Thales signed an MOU to merge their satellite and space-systems units into one company, owned 35%/32.5%/32.5%, aiming to rival SpaceX. Combined 2024 turnover was about EUR 6.5 billion, pending regulatory clearance.
- Author: Reidar Balstad
- Tags: Defence and space, Industry, investment and R&D, #news, #verified, #editor-read

Verified Editor-read [Airbus press release, 23 October 2025](https://www.airbus.com/en/newsroom/press-releases/2025-10-airbus-leonardo-and-thales-sign-memorandum-of-understanding-to?ref=sovereigntymonitor.eu)

**What it does not test.** Does not establish that regulatory clearance has been granted or that the joint venture has started operating; launchers are excluded from the deal.

**How this item counts.** This item is dated before the index starts on 1 January 2026, so it does not count in the [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/).

**How this item was made.** Drafted by an AI system (Claude (Anthropic)) from the source cited above; read and approved by the editor on 2026-10-13\. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)