According to the news served by Bloomberg, the efforts to establish a company that would rival SpaceX in Europe gained momentum. Under the leadership of Airbus, a great alliance is mentioned in which Europe will unite the forces of leading aviation and space companies. This company will try to compete with SpaceX in areas such as rocket development, satellite production, launch services and space transport.

Goldman Sachs Group Inc. is reported to agree with. The project, including big names such as French aviation giant Thales and Italian Holding Leonardo Spa, is still in the initial stage and the parties are currently conducting negotiations. It should be noted that the negotiations have not yet been concluded and the search for investors continued.

This giant company, which is planned to be established under the leadership of Airbus, can provide financial support to Europe’s space sector. However, there are doubts about whether the project can achieve success. Experts think that a monopoly mega company will quickly lose its competitiveness and have difficulty in catching up to foreign aviation companies.

There are many ways to Europe

In such large organizations, problems such as extreme bureaucracy, hierarchical structures, communication problems and slowing down of decision -making processes may occur. As a result, it is emphasized that with such an alliance, it will be difficult for Europe to compete with companies that move quickly like SpaceX and are constantly signing innovations.

When we look at the figures, we see that Europe is back in the space race. As of 2024, SpaceX 134 launch, while China 68, Russia made 17 launch. The European Space Agency was only able to perform 3 tasks (one of them has failed). All this table reveals that Europe is behind the space race and that it should take important steps to close this gap.