By Mauro Orru

Space-exploration company Voyager Space and Europe's Airbus have agreed to set up a U.S.-led joint venture to develop and operate Starlab, a commercial space station that is set to succeed the International Space Station.

The European plane maker said that Wednesday's announcement builds on an agreement disclosed in January, when Voyager selected Airbus to provide technical design support and expertise for Starlab.

"The International Space Station is widely regarded as the most successful platform for global cooperation in space history, and we are committed to building on this legacy as we move forward with Starlab," said Matthew Kuta, President at Voyager Space. "We are establishing this joint venture to reliably meet the known demand from global space agencies while opening new opportunities for commercial users."

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

(END) Dow Jones Newswires

August 02, 2023 07:32 ET (11:32 GMT)

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