Telespazio in the context of "Airbus Defence and Space"

Thales Alenia Space (/ˈθɑːlɛz/) is a European spaceflight services joint venture between the French technology corporation Thales Group (67%) and Italian defense conglomerate Leonardo (33%). It forms one half of the Space Alliance along with Telespazio which is also owned by Leonardo (67%) and Thales (33%).

It provides space-based systems, including satellites and ground segments, used for telecommunications, navigation, earth observation, space exploration and scientific purposes. The company is a major industrial participant in the International Space Station (ISS), having produced numerous pressurized modules including the Cupola, the Harmony and Tranquility nodes, the Columbus laboratory and for the Cygnus cargo spacecraft. It is a key contributor to Galileo, a European global satellite navigation system, being responsible for the ground segment in particular. In 2021, the company was also awarded a contract by the European Space Agency (ESA) and the European Commission to build 6 of the 12 new Galileo Second Generation satellites. The company is also an important industrial partner towards development of the Lunar Gateway.

Leonardo S.p.A., is an Italian multinational company specialising in aerospace, defence and security. Headquartered in Rome, the company has 180 sites worldwide. It is the 12th largest defence contractor in the world based on 2020 revenues. The company is partially owned by the Italian government, which holds 30.2% of the company's shares and is its largest shareholder.

On 1 January 2016, Leonardo-Finmeccanica became a single industrial company by integrating the activities of its subsidiaries AgustaWestland, Alenia Aermacchi, DRS Technologies, Selex ES, OTO Melara and WASS. The company is organised into five divisions (Helicopters, Aircraft, Aerostructures, Electronics, Cybersecurity). It is also the parent company and corporate centre for the subsidiaries and joint ventures Telespazio, Thales Alenia Space, MBDA and ATR. Leonardo is listed on the Borsa Italiana and is a constituent of the FTSE MIB and Dow Jones Sustainability Indices.

Airbus Defence and Space is the defence and space systems subsidiary of Airbus. Formed in 2014 during the restructuring of the European Aeronautic Defence and Space Company, the predecessor of Airbus. The subsidiary consists of the company's the former Airbus Military, Astrium, and Cassidian (de) divisions. Contributing 21% of Airbus revenues in 2016, it is the second largest space company in the world.

Plans have been announced to merge the Space Systems and Space Digital divisions of Airbus Defence and Space, Telespazio, and Thales Alenia Space into a new joint venture owned by Airbus (35%), Leonardo (32.5%), and Thales (32.5%). The combined entity would have had an estimated annual turnover of €6.5 billion. If approved by regulators, the new company is expected to be operational in 2027.