European SpaceX Project Gains Speed
The European Union is accelerating approval processes to establish a European satellite company that can compete with the American company SpaceX, led by Leonardo, Airbus, and Thales. The project, named "Project Prometheus," aims to reduce Europe's dependence on American data providers, especially SpaceX, in order to enhance European sovereignty and competitiveness in the space sector. Sources expect official applications to be submitted in the coming weeks, following the addressing of concerns related to competition and monopolies, after the European Commission praised the project as a strategic ambition designed to strengthen Europe's position in satellite technology.
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