Europe Launches Rival Satellite Project to Starlink
In a significant move to enhance its digital infrastructure, the European Union has officially announced the launch of a new satellite network designed to compete with Elon Musk’s Starlink. This ambitious project, named Iris², is set to revolutionize internet access across Europe and beyond.
Investment: The project is backed by a substantial investment of €10 billion (approximately $11 billion), highlighting the EU’s commitment to establishing a robust satellite internet service.
Network Size: The Iris² network will consist of nearly 300 satellites, which will be deployed in multiple orbits to ensure comprehensive coverage and high-speed internet access.
Launch Timeline: The first of the 290 satellites is scheduled to launch in 2029, with the Iris² system expected to become operational by 2030.
Objectives: The primary goal of the Iris² project is to provide reliable internet service to underserved areas, enhance connectivity across the EU, and reduce dependency on foreign satellite internet providers.
Strategic Importance: This initiative is not only about improving internet access but also aims to bolster Europe’s technological sovereignty in the face of increasing competition from private companies like Starlink.
The launch of the Iris² project marks a pivotal moment for the EU as it seeks to assert its presence in the global satellite internet market. With this initiative, Europe aims to ensure that all citizens have access to high-quality internet services, thereby fostering economic growth and innovation across the continent.
As the project progresses, it will be interesting to see how it develops and how it impacts the existing satellite internet landscape dominated by companies like Starlink.