Thales Wins 500M Euro Eutelsat Deal
Thales Alenia Space signed a 500 million euro agreement with Eutelsat to supply payloads for the European Union IRIS2 satellite constellation. The secure network aims to support government and military communications starting in 2029.
Xurve View
Insights:
Xurve View
Thales Alenia Space signed a €500 million ($582 million) contract with EUTELSAT COMMUNICATIONS on Thursday morning to supply government payloads for the IRIS² satellite constellation. The order represents an initial tranche under a broader program expected to exceed €3 billion. The agreement positions the joint venture to build technical equipment for 330 low Earth orbit satellites aimed at securing European communications.
