Airbus, Thales looking at merging some of their space activities - sources

July 15, 2024 3:39 AM EDT

FILE PHOTO: Airbus, Inc. signage is displayed at Special Operations Forces (SOF) Week for defense companies, in Tampa, Florida, U.S., May 7, 2024. REUTERS/Luke Sharrett/File Photo

PARIS (Reuters) - European aerospace groups Airbus and Thales are exploring a potential tie-up of some of their space activities, two industry sources told Reuters on Monday, confirming an earlier report by French business paper La Tribune.

The sources said the talks were focusing on the groups' satellite activities. Both companies declined to comment.

(Reporting by Tim Hepher, editing by Tassilo Hummel)



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