Market
Outcome of Italy-SpaceX telecom security deal negotiations by end of 2025
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Italy•SpaceX•Europe•Starlink•Italian•EU•Satellite Constellation Company IRIS•Giorgia Meloni•Donald Trump•Florida
Resolution / Starting Odds
Deal finalized • 25%
Negotiations ongoing • 25%
Deal canceled • 25%
Other outcome • 25%
Official announcements from the Italian government or SpaceX
Story
Italy in $1.5 Billion SpaceX Telecom Security Deal for Government Services, Including Encryption and Communication Services
Jan 5, 2025, 07:27 PM
Italy is in advanced negotiations with SpaceX for a telecommunications security services deal valued at $1.5 billion, which would be the largest such project in Europe. The agreement aims to provide secure internet services through SpaceX's Starlink network for the Italian government, including encryption and communication services for the military. This development comes as Italy explores alternatives to the EU's Satellite Constellation Company IRIS and the possibility of developing its own satellite capabilities. Additionally, Prime Minister Giorgia Meloni recently met with Donald Trump in Florida, which may have implications for this partnership.
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Similar markets
Deal cancelled • 33%
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