Europe Awards Contract for Delayed IRIS² Satellite Constellation
The European Commission has selected SpaceRISE to build and operate the IRIS² network, with services now expected to begin by 2030.
- The IRIS² program's cost is estimated at over 10 billion euros, nearly double the initial projections.
- The satellite network aims to enhance Europe's secure and resilient communications infrastructure.
- The project has been delayed, with the start of services pushed back to 2030, three years later than planned.
- SpaceRISE, led by SES, Eutelsat, and Hispasat, will design, deliver, and operate the network under a 12-year agreement.
- The European Commission plans to fund the project only through 2027, with additional funding subject to future appropriations.