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Europe’s sovereign satellite Internet constellation development contract signed by European Commission

Nov 01, 2024over 1 year ago

Contract Type

contract

Poland

Description

The European Commission has announced plans to sign a contract with the continent's leading space companies to begin development of a 290-satellite broadband Internet network estimated to cost more than 10 billion euros. The contract award to IRIS², also known as Infrastructure for Resilience, Interconnectivity and Security by Satellite, follows an evaluation of the best-and-final offer from the SpaceRISE consortium formed by European satellite network operators SES, Eutelsat, and Hispasat.

Company Information

Company

European Commission

Location

Poland

About

The executive branch of the European Union responsible for proposing legislation, implementing decisions, upholding the EU treaties, and managing the day-to-day business of the EU.

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