Schaeffler and Spire Partner for European Space Hardware
Schaeffler and Spire Global will develop space hardware for European defense. The companies aim to build a sovereign satellite mission business by 2030.
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SCHAEFFLER AG and SPIRE GLOBAL INC signed a pact to develop space hardware and satellite platforms for European defense. The partnership targets building a sovereign European space mission business before 2030. The deal accelerates Schaeffler's entry into a sector it identified as a primary growth driver for its 2035 strategy.
