EU Plans $18B Satellite Constellation
1 source · first reported 1h ago
The European Union has announced a plan to invest in a satellite constellation, with a total investment expected to exceed $18 billion. The first satellite launches are scheduled for 2029. A Spanish firm has been awarded a key role in the program.
Why it matters
This satellite constellation plan is significant for the EU's space capabilities and could enhance its position in the global space industry. The investment also highlights the importance of space technology for defense and security purposes.
Independent Media 1
Single-source: Independent Media
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