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

16.02T-Mobile builds real-time AI translation directly into its network
16.02Hideki Sato, known as the father of Sega hardware, has reportedly died
15.02Terminator Zero showrunner confirms the Netflix anime has been canceled after one season
15.02The official Pokémon pinball machine has an animatronic Pikachu and a Master Ball plunger
15.02At its Madrid megastore, Fnac turns Valentines Day into a cultural speed dating event
15.02Apple may be adding a splash of color to its upcoming budget-friendly MacBook
15.02Tesla CarPlay is coming but it's reportedly being held back by low iOS 26 adoption numbers
14.02Airbnb is testing out AI search with a 'small percentage' of users
Marketing and Advertising »

All news

16.02Today's Headlines
16.02End of rate cuts, ample liquidity: Why short-end yields above 7% look attractive, says Devang Shah
16.02Negative Breakout: These 11 stocks cross below their 200 DMAs
16.02T-Mobile builds real-time AI translation directly into its network
16.02Bedding firm backs down on 'Swift Home' trademark after Taylor Swift appeal
16.02The 10 tricks I used to make my rented room into a home
16.02Fresh legal snag may delay NSEs long-awaited public debut
16.02Corporate revenues jump most in six quarters on GST push
More »
Privacy policy . Copyright . Contact form .