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

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,

The European Union has committed $6.2 billion to the project, which will involve 290 satellites across different orbits. Private satellite companies in Europe will pick up the rest of the tab.

The EU's flagship satellite constellation project officially took off Monday, as the bloc signed a concession contract with a European consortium to develop a secure space-based communication system.