Space Rivals Join to Bid for $6.6 Billion EU Satellite Plan

Europe’s top satellite and aerospace companies have teamed up to bid for the European Union’s €6 billion ($6.6 billion) satellite project known as IRIS², aimed at beaming internet across the continent and giving the bloc its own fleet to keep up with constellations deployed by governments and businesses around the world.

Space Rivals Join to Bid for $6.6 Billion EU Satellite Plan

Europe’s top satellite and aerospace companies have teamed up to bid for the European Union’s €6 billion ($6.6 billion) satellite project known as IRIS², aimed at beaming internet across the continent and giving the bloc its own fleet to keep up with constellations deployed by governments and businesses around the world.