“La BAFO” in Brussels: Industry, Commission near compromise on $13B Iris2 multi-orbit constellation

by Peter B. de Selding

TUPPER LAKE, NY — The European Commission and the industrial consortium negotiating the Iris2 multi-orbit satellite constellation for secure communications have reached a tentative agreement on an infrastructure with a price tag of slightly more than 12 billion euros ($13.1 billion) that the Commission will review in September, according to industry officials.

The industry consortium, called SpaceRise, led by satellite fleet operators SES, Eutelsat and Hispasat — who are expected to share financing with the Commission — has been asked to submit a “La . . .

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