The EU Commission announced that a contract has been signed with the SpaceRISE consortium for the multi-orbit satellite Internet system IRIS, consisting of 290 satellites.
The statement said the EU will develop, deploy and operate the new system in collaboration with the SpaceRISE consortium, thereby ensuring Europe's secure connectivity.
The statement emphasized that IRIS will provide secure, durable and advanced satellite connectivity for long-term challenges.
According to the statement, IRIS will provide users with advanced connectivity services and close the connectivity gaps across the EU, and the system will support Europe's strategic autonomy and technology.
The statement explained that the IRIS system will benefit from the advantages of both medium and low orbit and that the system will provide high-speed broadband internet services to private companies and citizens.
The statement said that the SpaceRISE consortium responsible for implementing the project has brought together European satellite network operators SES SA, Eutelsat SA and Hispasat SA and that this is also supported by the team of subcontractors across Europe.
The statement reported that key partners in the consortium include Thales Alenia Space, OHB, Airbus Defense and Space, Telespazio, Deutsche Telekom, Orange, Hisdesat and Thales SIX.
The statement said the 12-year concession agreement with the consortium represents a strong public-private partnership to provide commercial interconnection services until 2030. Public funding for IRIS comes from the EU and the European Space Agency (ESA). ), while private investments are provided by the SpaceRISE consortium. It was explained that this would happen.
This platform is intended to compete with the Starlink system in the USA and other systems, the number of which is expected to increase in this area.
The EU plans to allocate significant financial resources from its own budget to IRIS, the total cost of which is expected to reach 10 billion euros.

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