Airbus SE Explores Growth in Space and Satellites under CEO Guillaume Faury

Sunday, 21 July 2024, 17:46

Airbus SE is actively pursuing opportunities to enhance its scale in the defence and space sectors, with a focus on expanding its satellite offerings. CEO Guillaume Faury highlighted potential collaborations, notably with Thales, amidst increasing competition in the industry. This strategy is expected to be showcased at the upcoming Farnborough Airshow, indicating Airbus's commitment to innovation and market adaptability.
Yahoo Finance
Airbus SE Explores Growth in Space and Satellites under CEO Guillaume Faury

Airbus SE's Strategic Moves in the Space Sector

Airbus SE is looking at opportunities to create scale in defence, space, and, in particular, the satellite markets. CEO Guillaume Faury spoke about this strategy on Sunday, signaling a proactive approach in a region experiencing significant transformation.

Collaboration with Thales

According to industry sources, Airbus and France's Thales are exploring a potential tie-up of some space activities. This collaboration aims to combat the new competition disrupting the sector.

Focus on Farnborough Airshow

Faury emphasized that these developments will be a focal point of discussions at the upcoming Farnborough Airshow, highlighting Airbus's commitment to seizing growth opportunities in the market.

  • Emphasizing scale in defence and satellite sectors
  • Strategic partnership discussions with Thales
  • Direct engagement at the Farnborough Airshow

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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