ROME, Italy – European defense giant Leonardo
hopes to present a satellite alliance with Airbus
and Thales
within months, the company’s CEO told CNBC, as the continent looks for alternatives to Elon Musk’s Starlink.
Following months of talks, Leonardo’s Roberto Cingolani told CNBC: “At the moment, we are working together and trying to find whether there is possible good synergy, whether this is convenient from a market point of view and, of course, also whether this is acceptable from the antitrust point of view.”
Reuters reported earlier this week that the three companies were in conversation with European regulators over a potential deal.
