The European Union (EU) is planning to develop a multibillion-dollar network of satellites aimed at competing with Elon Musk’s Starlink. The

The EU has finalized plans to build a €10.6 billion ($11.1 billion) satellite network that will provide high-speed internet to remote locations.

This cutting-edge constellation will protect our critical infrastructures, connect our most remote areas and increase Europe’s strategic autonomy. By partnering with the SpaceRISE consortium, we are demonstrating the power of public-private collaboration to drive innovation and deliver tangible benefits to all Europeans,