14 Jan 2021 | News
To boldly go: EU wants to make a great leap in the space race
‘We need to be more offensive and aggressive,’ says EU Internal Market commissioner Thierry Breton, as he outlines a plan to put hundreds of communications satellites into space to run the internet
EU Internal Market Commissioner Thierry Breton. Photo: EU Commission.
The EU is pledging big investment in a new era of space commercialisation, joining a queue of companies and governments aiming to provide internet service from space.
The idea is to send a constellation of hundreds of internet-beaming satellites into orbit. EU Internal Market Commissioner Thierry Breton this week said he wanted to get going as soon as possible.
В Минобороны РФ назвали число переболевших COVID-19 военнослужащих
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ЕС инвестирует 300 млн евро в инновации в космической отрасли
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Eutelsat Communications: EIB Supports Eutelsat for the Procurement and Launch of the KONNECT VHTS Satellite
Eight-year, €200 million EIB loan focused on the KONNECT VHTS programme, an advanced satellite providing unprecedented capacity for both fixed and mobile broadband services.
The project contributes to boosting high-speed broadband coverage on a pan-European level in line with the Gigabit Society targets of the European Commission.
Regulatory News:
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210113005391/en/
The European Investment Bank (EIB), the long-term lending institution of the European Union, and Eutelsat (Paris:ETL), one of the world s leading satellite operators, announced a €200 million financing agreement at the European Space Conference today. This eight-year loan will back investments related to the procurement and launch of the KONNECT VHTS satellite for the provision of advanced broadband