The decision by the European Commission to increase the cost of the Iris² project from €6 billion to €10.6 billion marks a significant development, highlighting the project's importance as a sovereign communications service in Europe.
The industrial consortium SpaceRise, including prominent companies like Airbus and Deutsche Telekom, will lead the design, construction, and operation of the Iris² project, emphasizing the collaboration of both public and private sectors.
Timo Pesonen, the director-general for defense, industry and space, stated that Iris² 'underpins our strategic autonomy and defence capacity,' showcasing the project's potential to enhance Europe's competitiveness in space communications.
Iris² aims to launch 290 satellites around Earth, with services available by 2030, primarily for business and household needs, while also addressing government applications.
Collection
[
|
...
]