Leonardo CEO Eyes Space Venture Approval Next Year

Leonardo SpA's new CEO anticipates regulatory approval for its satellite venture with Airbus SE and Thales SA by the end of next year. This green light is crucial for one of Europe's most significant defense and space initiatives. The venture aims to bolster Europe's capabilities in space-based services and defense technologies, positioning the continent for greater autonomy and innovation in the rapidly evolving aerospace sector. Successful approval will pave the way for substantial investment and development in this strategic area.