LA PLATA, Maryland — The European Commission on Oct. 31 formally awarded the Iris2 multi-orbit secure communications contract to the SpaceRISE consortium, composed of satellite fleet operators Eutelsat, SES and Hispasat.
The 12-year concession is being managed as a public-private partnership, in which the SpaceRISE members are expected to contribute a combined 4 billion euros over the life of the contract, according to industry officials familiar with the offer.
Officials: Industrial commitment is 4 billion euros, including . . .
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