EU accelerates approval for SpaceX rival
The European Union announced an accelerated effort to establish a European satellite company to compete with the American company SpaceX. The initiative involves European companies such as Leonardo, Airbus, and Thales, aiming to reduce Europe's reliance on American satellite service providers, especially Elon Musk's SpaceX. The companies are expected to submit approval requests in the coming weeks. Meanwhile, European Commission President Ursula von der Leyen praised the project, named "Project Prometheus," calling it a heroic initiative to bolster Europe's independence in the space sector.
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