Italy's Leonardo and France's Airbus and Thales are discussing forming a satellite alliance to compete with the United States and China. Talks between the three firms have been going on for a few months, but they are finally getting started with the goal of determining the corporate form that will be used for the agreement, as well as the industrial elements and financial structure. The first results could appear in the coming weeks. For some time, the two French businesses have struggled due to their space oversized space divisions, which are not aligned with demand, leaving them at a loss. With the launch of the new business strategy, the Italian corporation announced the establishment of a space division, which is expected to generate $1.8 billion in sales by 2028, up from $800 million in 2023. Despite being successful, the unit operates in a massive market that is predicted to generate $1,000 billion in revenue by 2030. The chosen paradigm for the new alliance is that of MBDA, the missile construction consortium that was established in 2001 and formed by Airbus (37.5%), BAE Systems (37.5%), and Leonardo (25%).