AI News

Universe Today • Andy Tomaswick

Europe’s €15.6B Iris2 constellation puts schedule, performance and cost risk on public and private partners

Europe’s Iris2 secure-connectivity constellation is a €15.6 billion ($18 billion) multi-orbit program, described as the continent’s largest space capital-expenditure effort. ESA says its delivery model shares responsibility for schedule, performance and cost across the public sector and private partners, including satellite builders Aerospacelab and SES.

2026-10-22T08:54:38.289467-07:00

AI

Recent Coverage

Universe Today

High activity

Europe’s €15.6B Iris2 constellation puts schedule, performance and cost risk on public and private partners

Europe’s Iris2 secure-connectivity constellation is a €15.6 billion ($18 billion) multi-orbit program, described as the continent’s largest space capital-expenditure effort. ESA says its delivery model shares responsibility for schedule, performance and cost across the public sector and private partners, including satellite builders Aerospacelab and SES.

7 sources Bookmark this story

OXG Space raises ₹17 crore for orbital connectivity network; Atombeam secures $18.3 million for satellite and defense networking

Bengaluru-based OXG Space raised ₹17 crore in a round led by Aum Ventures’ India Innovation Fund II to build a satellite connectivity network in orbit. Separately, U.S. startup Atombeam raised $18.3 million to accelerate adoption of networking software for satellite, defense and commercial links, taking its total funding to $55 million.

2 sources Bookmark this story

Levo and Portside launch quoting tool for Avianis operators

Levo and Portside have launched a quoting capability for operators using Avianis. The AI-powered integration is intended to expedite the quoting process, though the announcement provides no details on pricing, availability or measured time savings.

1 source Bookmark this story

SpaceNukes wins DARPA agreement to ground-test autonomous nuclear reactor controller

Space Nuclear Power Corporation, also known as SpaceNukes, says DARPA awarded it an Other Transaction Agreement under the Fast Capacitance (Fat Cat) program. The work will support a ground test of an autonomous nuclear reactor controller; the announcement provides no schedule, funding amount or further technical details.

4 sources Bookmark this story

Create a free account to see more recent AI stories and keep bookmarks in one place.