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

24.01How to use Workout Buddy with Apple Watch and iOS 26
24.01Engadget review recap: Valerion VisionMaster Max, Canon EOS R6 III and Samsung Bespoke Fridge
24.01More Cult of the Lamb, a World War II computer mystery and other new indie games worth checking out
23.01Google Photos can now turn you into a meme
23.01A rival smart glasses company is suing Meta over its Ray-Ban products
23.01Retro handheld maker Anbernic has a new gamepad with a screen and heart rate sensor
23.01Apple will begin showing more App Store ads starting in March
23.01Vimeo lays off most of its staff just months after being bought by private equity firm
Marketing and Advertising »

All news

24.01How to use Workout Buddy with Apple Watch and iOS 26
24.01'People are often in despair - we see it in their eyes'
24.01Engadget review recap: Valerion VisionMaster Max, Canon EOS R6 III and Samsung Bespoke Fridge
24.01More Cult of the Lamb, a World War II computer mystery and other new indie games worth checking out
24.01Mala Gaonkars hedge fund assets hit $6 billion in three years
24.01FPIs dump Indian equities worth Rs 33,598 cr in Jan so far. Is the sentiment set to worsen further?
24.01Dalal Street Week Ahead: Volatility to stay elevated, traders urged to stay nimble
24.01Adani Group clarifies on US SEC summons report; says no allegations against company
More »
Privacy policy . Copyright . Contact form .