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First Company to Launch an IRIS² Satellite
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SpaceRise • 25%
Arianespace • 25%
Thales Alenia Space • 25%
Other • 25%
Launch records from European Space Agency or participating companies
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Europe Signs €10.6 Billion IRIS² Satellite Deal for 300 Satellites on December 16, 2024
Dec 16, 2024, 11:03 AM
On December 16, 2024, Europe officially launched its ambitious IRIS² satellite program by signing a €10.6 billion contract aimed at establishing a new satellite network to compete with Elon Musk's Starlink. The IRIS² initiative will consist of approximately 300 satellites designed to provide secure, resilient, and high-speed communications for European governments and companies. The signing ceremony, which took place at 11:00 CET, was streamed live by the European Space Agency (ESA) and involved a public-private partnership with the consortium SpaceRise and the European Commission. This marks Europe's most significant space program in a decade, reflecting a strategic move to enhance its capabilities in satellite communications.
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