# Thales, Airbus, Leonardo eye initial agreement on satellite joint venture

Thales, Airbus, and Leonardo are considering an initial agreement on a 10 billion euro satellite joint venture, according to sources.

- Type: Partnership
- Announced: 2025-09-12
- Value: $11.0B (10.0B EUR)
- Status: rumored
- Products: satellites
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Airbus](https://endata.com/companies/1653.md) (partner)
- [Thales](https://endata.com/companies/16630.md) (partner)
- [Leonardo](https://endata.com/companies/18893.md) (partner)

## Sources

- [reuters.com](https://www.reuters.com/business/autos-transportation/thales-airbus-leonardo-eye-initial-agreement-10-bln-euro-satellite-jv-sources-2025-09-12/), 2025-09-12: "Thales, Airbus, Leonardo eye initial agreement on 10 bln-euro satellite JV, sources say"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.