Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2024-12-16 17:11:16| Engadget

The European Space Agency (ESA) has just signed a 10.6 ($11.1) billion contract to build the IRIS constellation. Its the EUs most ambitious space program in a decade and is designed to compete with Elon Musks Starlink network. The contract will last 12 years, and the first launch is expected in 2029. IRIS, which stands for Resilience, Interconnectivity and Security by Satellite, will consist of almost 300 satellites launched by European rockets. Its built on top of two other EU satellite constellations, Copernicus and Galileo, the largest Earth-observation program and most accurate GPS system, respectively. Though most of the satellites work capacity will be used to provide commercial broadband services, a significant part is dedicated to security and crisis management. Most of the satellites are planned for a low earth orbit, but some will be in a medium earth orbit. Of the 10.6 billion, 6 billion comes from the EU, while the ESA is forking over 550 million. The remaining 4 billion will come from the private sector. The ESA is partnering with the European Commission through SpaceRISE, an industrial consortium led by European satellite operators SES, Eutelsat and Hispasat. Other members include Deutsche Telekom, Airbus and Thales, according to the Financial Times. Since IRIS is many years away, Starlink will likely dominate the current satellite internet market. Recently, SpaceX completed the first direct-to-cell satellite constellation, which will allow phones to be connected even in remote areas.This article originally appeared on Engadget at https://www.engadget.com/science/space/europe-will-build-its-own-secure-satellite-network-161115164.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

30.01Sonos home theater gear is up to 20 percent off ahead of Super Bowl LX
30.01The best cheap VPN in 2026
30.01The first season of Amazon's Fallout show is now free on Youtube
30.01How to watch the 2026 Grammy Awards: TV channel, start time, where to stream, nominations list and more
30.01Engadget Podcast: What do prediction markets like Kalshi cost us?
30.01iPhone Fold rumors: Everything we know so far, including the leaked design
30.01Sony A7 V review: Awesome speed and photo quality
30.01DeepSeek reportedly gets China's approval to buy NVIDIA's H200 AI chips
Marketing and Advertising »

All news

30.01Sonos home theater gear is up to 20 percent off ahead of Super Bowl LX
30.01How to use psychology to shift a difficult relationship into a healthier one
30.01What is Complete Streets design and why should we all be using it?
30.01February 2026s full snow moon comes with a side of free chips and queso: How and when to get yours
30.01The best cheap VPN in 2026
30.01OpenAI IPO: What to know about the most anticipated stock listing in years amid rumors of a 2026 date
30.01Europe is growing again, but the weaker dollar looms as a threat
30.01The first season of Amazon's Fallout show is now free on Youtube
More »
Privacy policy . Copyright . Contact form .