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International Business Times
International Business Times
Business

Europe Plans Satellite Powerhouse To Rival Musk's Starlink

The Airbus site in Toulouse, France, where the merged European satellite group will be based (Credit: AFP)

Three leading European aerospace groups announced Thursday a plan to merge their satellite operations to create a powerhouse for competing in particular against Elon Musk's Starlink internet system.

The merger, whose financial details were not disclosed, comes as Starlink and Amazon's Project Kuiper are racing to deploy satellite networks to offer broadband internet access in vast regions of the world lacking reliable connectivity.

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