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Schaeffler Turns To Space Hardware To Broaden European Growth Story
Schaeffler (XTRA:SHA0) has entered a strategic alliance with Spire Global to develop European space hardware and satellite systems.
The partnership focuses on combining Schaeffler’s manufacturing capabilities with Spire’s satellite and space technology for future projects in Europe.
The collaboration is aimed at serving both sovereign defense and civil security markets across the region.
Schaeffler, best known for its automotive and industrial components, is using this alliance to push into...