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Eutelsat joins SpaceRISE consortium as lead of IRIS2 LEO segment
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Eutelsat joins SpaceRISE consortium as lead of IRIS2 LEO segment
  • Eutelsat secured a larger role in Europe’s IRIS² sovereign connectivity programme, leading the LEO segment within the SpaceRISE consortium.
  • Planned investment totals EUR 3.39 billion from 2027-2034, split between shared IRIS² infrastructure and commercial Ku-related infrastructure.
  • In exchange, it expects access to more than twice current OneWeb capacity, targeting over EUR 10 billion of revenue in 2032-2040.
  • IRIS² Ka-only satellite launches start in 2029; the commercial Ku LEO constellation is slated to be fully operational by mid-2032.
  • Separately, OneWeb is set to be extended through 2034 via 229 additional satellites, alongside 440 already procured GEN1 satellites, for about EUR 1 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eutelsat Communications SA published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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