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LDO Leonardo SpA

24.78
-0.36 (-1.43%)
15 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Leonardo SpA BIT:LDO Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.36 -1.43% 24.78 24.62 25.16 25.22 24.64 25.04 2,432,432 17:00:00

Space Solar, Thales Alenia Space Team Up on Space-Based Solar Power System

30/10/2023 2:36pm

Dow Jones News


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By Helena Smolak

 

Space Solar and Thales Alenia Space are teaming up to work on a commercial space-based solar power system, a move toward distributing renewable energy from space to Earth.

The companies said Monday that the new partnership builds on an existing collaboration in the context of a U.K. government innovation program. Both companies are committed to bringing to life the technology needed to deliver space-based solar power, they said.

Thales Alenia Space--a joint venture between France's Thales and Italy's Leonardo--is also leading a feasibility study for the European Space Agency to assess the viability of spaceborne solar power plants, aiming to make an decision by 2025 on a program for commercialization, it said.

 

Write to Helena Smolak at helena.smolak@wsj.com

 

(END) Dow Jones Newswires

October 30, 2023 10:21 ET (14:21 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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