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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.18 | 0.70% | 25.87 | 25.76 | 26.10 | 26.00 | 25.60 | 25.64 | 1,299,612 | 17:00:00 |
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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