Airbus Plans Zephyr Spinoff, FT Reports
23 Gennaio 2023 - 8:30AM
Dow Jones News
-- Airbus SE is planning to spin off its high-altitude drone
program Zephyr to create a telecoms and earth observation business,
the head of Airbus's High Altitude Platform Station services
business Samer Halawi tells the Financial Times.
-- "Airbus is not a company that offers telecom services," Mr.
Halawi told the FT. "The idea of the carve-out is to bring
like-minded partners to the equation and to be able to scale this
business," he said.
Full story: https://on.ft.com/3J49szC
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
January 23, 2023 02:15 ET (07:15 GMT)
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