Golden Finance reports that three European aerospace industry giants - European Airbus Group, French Thales and Italian Leonardo are discussing to jointly create a new European satellite company, hoping to share in the rapidly developing Internet satellite market A piece of the pie, competing with the "Starlink" project of the American space exploration technology company owned by Elon Musk. It is reported that this joint venture plan is called "Project Bromo" and relevant discussions are still in the early stages. The three parties prefer to merge and reorganize their respective satellite assets into a new enterprise. However, people familiar with the matter pointed out that it will still take several years to establish the joint venture.