SpaceRISE chosen by European Fee to construct and function the IRIS2 multi-orbit satellite tv for pc constellation

Photograph Credit score: SES

Luxembourg, Madrid, Paris – 31 October 2024 – SpaceRISE, the consortium comprising Eutelsat (ISIN: FR0010221234 – Euronext Paris / London Inventory Change: ETL), Hispasat and SES (Ticker: SESG), along with different core members, is happy to announce it has been awarded by the European Fee to design, ship, and function IRIS², the European Union’s pioneering multi-orbit connectivity system. This milestone represents a vital step in direction of establishing a safe, resilient, and autonomous communications infrastructure for Europe.

IRIS² will play a transformative function in reinforcing Europe’s resilience, digital sovereignty, and low-latency connectivity for all EU Member States. This IRIS² multi-orbit satellite tv for pc system is meant to boost Europe’s capacity to reply to crises, defend important infrastructure, and bridge the digital divide. With full operational standing focused for the early 2030s, IRIS² will ship a safe and aggressive communications spine aligned with Europe’s strategic and digital priorities.

The IRIS² programme is a public non-public partnership (PPP) which can be funded by a mixture of EU, European Area Company and personal financing from the three satellite tv for pc operators throughout the SpaceRISE consortium.

The consortium seems ahead to the ultimate part of the procurement course of resulting in contract signature anticipated by the yr finish.

Eva Berneke, Chief Govt Officer of Eutelsat commented: “The IRIS² programme is a robust extension of Eutelsat’s dedication to advancing Europe’s digital sovereignty via sustained funding in multi-orbit know-how to ship multi-layered, low-latency networks, that are important to Europe’s strategic resilience. We’re proud to help the EU on this challenge alongside the consortium companions to ship a resilient, future-ready communication system that meets Europe’s most important connectivity wants, whereas producing value-creation for Eutelsat and its stakeholders by complementing and enhancing our current LEO capabilities.”

Miguel Ángel Panduro, Chief Govt Officer of Hispasat added: “We’re firmly dedicated to all the pieces that IRIS² represents: a sovereign safe communications system, supported by European revolutionary developments and pushed by public-private partnership. It’s an formidable challenge, during which the businesses of the SpaceRISE consortium are working to supply the very best response to the calls for of the European Union. This award is an thrilling first step of a challenge that can outline the way forward for satellite tv for pc communications in Europe.”

Adel Al-Saleh, Chief Govt Officer of SES mentioned: “Being chosen as a trusted companion for IRIS² is an honour. SpaceRISE, primarily based on the European Union’s necessities will outline and develop a future-proof area community that can function the cornerstone of Europe’s area and defence methods within the years to return. The IRIS² system is aligned with SES’s multi-orbit community and underscores our dedication to advancing our MEO capabilities, in addition to accessing LEO orbit. We are going to proceed to make sure that the contract meets our IRR necessities, money era fundamentals, and funding grade metrics.”