This week European Parliament wants to reach an agreement on a satellite internet system. This project is valued at 6 billion dollars. This is reported by Reuters.
EU satellite internet
The main reason for the idea is to reduce dependence on foreign companies. The satellite Internet system will help the EU to accelerate the creation of the network not only in Europe, but also in Africa.
The discussion on this project will take place on November 17. The final details of the project are expected to be discussed on the specified date. Today there is a disagreement over funding. One part is unused 2,4 billion. euros from various EU programs. They want to take 3,6 billion from the private sector. The new satellite internet system can have 170 satellites.
In short, the EU intends to compete with “Amazon“,”SpaceX” and Great Britain’s OneWeb.
