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

12.03Google Play will let you try a game before you buy it
12.03This dog-friendly camping fence comes with a rare feature: full price transparency
12.03I guess this wasn't an Xbox after all
11.03Grammarly has disabled its tool offering generative-AI feedback credited to real writers
11.03Valve defends loot boxes in response to New York's lawsuit
11.03TikTok will let you stream full songs in its app if you're an Apple Music subscriber
11.03Microsoft's full screen 'Xbox Mode' will roll out to Windows 11 PCs in April
11.03Microsoft will start providing game studios with Project Helix consoles in 2027
Marketing and Advertising »

All news

12.03Stay invested, deploy money gradually amid market volatility: Prateek Agarwal
12.03'Heating oil suppliers are holding us to ransom'
12.03Heating oil orders cancelled and prices hiked
12.03Food voucher scheme extended until September
12.03Google Play will let you try a game before you buy it
12.03Global Market | Anurag Singh on what could decide the markets next move
12.03Are you part of the distraction economy?
12.03Ive facilitated 1,000+ meetings. Heres why most of yours are failingand how to fix them
More »
Privacy policy . Copyright . Contact form .