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

13.01Tesla launches a seven-seat version of the 2026 Model Y
13.01Star Wars Outlaws developer Massive Entertainment and Ubisoft Stockholm face layoffs
13.01A Resident Evil showcase is taking place on January 15
13.01Insta360 releases AI-powered follow-up to its Link webcams
13.01The Morning After: Apple will use Gemini to power Siri AI
13.01Proton's Lumo AI chatbot now has an encrypted space for your projects
13.01IKEA adds broccoli leaf soup to its menu, finding value in what most harvests leave behind
13.01Framework increases Desktop prices by up to $460 due to RAM crisis
Marketing and Advertising »

All news

13.01Tesla launches a seven-seat version of the 2026 Model Y
13.01Star Wars Outlaws developer Massive Entertainment and Ubisoft Stockholm face layoffs
13.01What countries do business with Iran and what could US tariffs mean?
13.01A Resident Evil showcase is taking place on January 15
13.01New Birmingham-Manchester rail link planned
13.01Insta360 releases AI-powered follow-up to its Link webcams
13.01The Morning After: Apple will use Gemini to power Siri AI
13.01Fanatics goes all-in on entertainment
More »
Privacy policy . Copyright . Contact form .