Europe’s IRIS² Moves Into Implementation as SpaceRISE Consortium Commits €3.39 Billion
The European Commission, ESA, EUSPA and the SpaceRISE consortium have completed seven months of negotiations, clearing IRIS² to enter implementation. Eutelsat will lead the €3.39 billion LEO component, HispaSat will serve as ground-segment prime contractor, and SES will advance the constellation’s MEO strategy.