EU signs $11B deal for sovereign satellite constellation to rival Musk’s Starlink

Quick Summary:

The European Union is forging ahead with plans for a constellation of internet satellites to rival Elon Musk-owned Starlink, after signing a €10.6 billion ($11.1B) deal to launch nearly 300 satellites into low- and medium-Earth orbits by 2030.

It’s also gearing up to launch a direct-to-phone service with T-Mobile.

The bloc wants the space tech to boost its digital sovereignty by providing secure comms to governments.

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Article Details

Author / Journalist: Paul Sawers

Category: Technology

Markets: United States

Topics: Starlink Space Iris² satellite

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 13:08:38 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 169 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 24434597

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