‘Make or break’ for Europe’s space sector? Decision on final industry bid for Iris2 constellation due within weeks

by Peter B. de Selding

TUPPER LAKE, NY — A European Commission Tender Evaluation Committee is expected to decide this month whether to accept the final offer submitted July 1 from the industrial consortium bidding for the Iris2 multi-orbit secure communications satellite constellation.

Everything depends on whether the consortium, which includes Europe’s leading satellite fleet operators and satellite builders, is willing to commit enough of its own capital, and keep overall system capex low enough, to meet the Commission’s requirements.

This has not been the case with previous . . .

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