Rome, 27 October 2025 – “The agreement between Leonardo, Thales e Airbus represents a step of enormous strategic value for strengthening Europe's position in space and for Italy, which will be able to take on a leading role in the new industrial architecture that is taking shape”. Confindustria delegate for Aerospace Giorgio Marsiaj comment on the theme tune of Memorandum of Understanding which marks the birth of a new European player in the space sector. A giant with a turnover of 6.5 billion, operational from 2027, which will combine the space activities of the three groups.

“It is a strong sign of vision and leadership," Marsiaj emphasises, "which gives substance to the prospect of a more integrated and competitive European space ecosystem. It is also a clear message in support of European and national industrialisation, in line with the need to build common technological and production capabilities. At a time when many economic sectors are slowing down or experiencing difficulties, space remains a rapidly expanding area, with an estimated value of €1.6 trillion by 2035. In 2024, global public investment in the space sector reached €122 billion, of which €12.6 billion was in Europe, accounting for 10% of the total. Furthermore, explains Marsiaj, the next Multiannual Financial Framework of the European Union should allocate over €130 billion to investments in the defence, security and space sectors, five times the resources allocated in the previous programming period. In this context, the creation of such a space alliance represents a strategic lever for Europe and for the country, which can boast a globally competitive value chain.

“Confindustria,” he concludes, "will continue to support the entire aerospace sector in order to promote the growth of a solid, supportive and competitive ecosystem capable of accompanying this strategic evolution and strengthening Italy's position in the European space sector.".