According to reports, the EU is seeking rapid antitrust approval for a satellite joint venture project seen as the European version of SpaceX, after intensive negotiations between the EU and project partners Leonardo SpA, Airbus, and Thales. People familiar with the matter said that discussions over the past year have focused on identifying and resolving any potential competition issues before the project is officially submitted for approval. According to reports, although these companies have yet to officially declare, EU officials are expected to receive applications within the next few weeks.

According to reports, the EU is seeking rapid antitrust approval for a satellite joint venture project seen as the European version of SpaceX, after intensive negotiations between the EU and project partners Leonardo SpA, Airbus, and Thales. People familiar with the matter said that discussions over the past year have focused on identifying and resolving any potential competition issues before the project is officially submitted for approval. According to reports, although these companies have yet to officially declare, EU officials are expected to receive applications within the next few weeks.