Breaking news

Project Bromo: Europe’s Answer to Starlink

Airbus, Thales, and Leonardo have initiated talks to establish a joint satellite venture, codenamed Project Bromo, aimed at challenging Elon Musk’s Starlink. Inspired by the success of MBDA, a multinational missile manufacturing consortium, the project aspires to unify Europe’s fragmented satellite industry into a formidable global player.

Key Facts about Project Bromo

  • MBDA Model Inspiration: The project draws parallels with MBDA, a successful missile manufacturing alliance co-owned by Airbus, Leonardo, and BAE Systems. MBDA’s structure has been a benchmark for collaborative ventures across borders.
  • A Long-Awaited Partnership: While a potential collaboration among Europe’s satellite makers has been hinted at for years, Project Bromo represents a tangible step towards achieving a unified approach to revitalising the struggling sector.
  • Competing with Starlink: With Starlink dominating low Earth orbit using low-cost small satellites, Bromo seeks to shift the focus of Europe’s satellite makers from high-cost geostationary satellites to the competitive low Earth orbit market.
  • Pooling Resources: Rather than a buyout of assets, the joint venture plans to combine the satellite operations of the three companies into a single entity, leveraging collective expertise and resources.

Amid the optimism surrounding Project Bromo, Airbus faces significant internal challenges. The company announced plans to cut 2,500 jobs, approximately 7% of its Defence and Space division, by mid-2026. The cuts are expected to disproportionately affect its €2 billion space systems business, particularly in France, Germany, and potentially the UK and Spain. Thales, meanwhile, is planning to eliminate 1,300 space-related roles.

Despite these setbacks, the companies insist these measures will be achieved through voluntary redundancies.

The collaboration among Airbus, Thales, and Leonardo reflects a growing urgency to unify Europe’s aerospace sector. Roberto Cingolani, CEO of Leonardo and former Italian Minister of Environmental Transition, acknowledged in July that the companies were striving to build a cohesive European space alliance.

Project Bromo isn’t Europe’s only effort to counter Starlink. In 2022, satellite internet operators OneWeb and Eutelsat announced a merger, creating another potential challenger to Musk’s dominance in satellite internet.

While Project Bromo signifies a bold step forward, the journey to establish a European satellite champion will be lengthy. Decades of stalled efforts to consolidate Europe’s satellite industry have highlighted the complexities of governance, competition, and resource sharing. Still, the ambition of Project Bromo offers a glimmer of hope for Europe’s space sector, promising to transform its competitive landscape and assert its presence in the global satellite market.

An Entrepreneurial Revolution: Harnessing AI To Democratize Million-Dollar Ventures

Henrik Werdelin, the startup strategist behind major brands like Barkbox through his former venture Prehype, is now spearheading a groundbreaking approach to entrepreneurship with his New York-based firm Audos. His vision leverages artificial intelligence to scale the startup process from tens of ventures to hundreds of thousands, empowering everyday entrepreneurs to develop million-dollar AI companies without requiring technical expertise.

Democratizing Business Expertise

Audos represents a significant shift in the entrepreneurial landscape. Rather than focusing solely on tech founders aiming for multi-million-dollar funding and billion-dollar exits, Audos is designed to transfer decades of startup know-how to a broader audience. “We are taking all that knowledge and methodology and democratizing it,” Werdelin explained, highlighting a commitment to empowering individuals who might otherwise feel excluded from the high-stakes tech ecosystem.

Leveraging AI For Rapid Validation And Customer Acquisition

Utilizing advanced AI capabilities, Audos guides entrepreneurs through a streamlined process: identifying business challenges, testing market viability, and connecting with niche customers via sophisticated social media algorithms. This approach not only minimizes risk but also accelerates the time it takes for new ventures to secure sustainable customer acquisition, a critical factor in ensuring long-term success.

A Revenue-Share Model With A Distinct Value Proposition

In contrast to traditional accelerators and venture capital, Audos adopts a revenue-sharing model. The firm takes a 15% cut of revenue from the companies it helps launch—rather than equity—while providing founders with up to $25,000 in initial funding, cutting-edge AI business tools, and substantial support in distribution. Werdelin emphasizes, “We’re not taking any equity in these ventures because we believe in the long-term strength of grassroots entrepreneurship, not in high-stakes exits.”

Strong Investment Backing And Bold Future Prospects

Backed by prominent investors such as True Ventures, Offline Venture, and Bungalow Capital, Audos has already seen the launch of several hundred businesses since its beta introduction. Investors express confidence in the model’s potential to scale dramatically, drawing parallels to the early days of Instagram’s meteoric rise with minimal staff yet exponential growth prospects.

Redefining The Landscape Of Entrepreneurship

Werdelin’s ambition extends far beyond individual success stories. With a vision of catalyzing a trillion-dollar economic shift, Audos is set to transform how traditional entrepreneurs employ AI to build and sustain business ventures. In an era marked by economic distractions and career uncertainty, this model of democratized entrepreneurship is not only innovative—it is rapidly becoming essential.

Ultimately, Audos offers a compelling blueprint for the future of business creation—one where accessible AI tools and strategic revenue-sharing can turn everyday ideas into impactful, life-changing enterprises.

The Future Forbes Realty Global Properties
Uri Levine Course vertical
SWC Finals V

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter