The EU on Monday signed contracts to begin work on IRIS2, a 290-satellite multiorbital network slated to be fully operational by 2030 that can serve European governments and militaries, as well as private customers. But it's a very late start for the bloc as it tries to close the gap with Starlink, which boasts more than 6,000 satellites and claims customers in some 100 countries.
The EU is concerned about becoming dependent on a private service after militaries across the world showed interest in Starlink's applications.
Denne historien er fra December 17, 2024-utgaven av Financial Express Mumbai.
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Denne historien er fra December 17, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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IIT-Madras to offer fine arts, culture courses
IN A FIRST for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.
The world's busiest airline routes in 2024 are largely in Asia
Leisure continues to outshine corporate trips
Panel suggests LS elections template for entrance tests
DRAWING PARALLELS WITH the conduct of general elections, a high-level committee—set up by the Education ministry and chaired by former ISRO chief K Radhakrishnan—has proposed a similar framework for holding important national entrance tests to ensure transparency.
DPIIT inks pact with HDFC Bank
THE DEPARTMENT FOR Promotion of Industry and Internal Trade (DPIIT) on Tuesday said it has inked pacts with HDFC Bank and Tally Solutions to help startups grow.
Siddique murder: Court sends accused to police custody till Dec 20
A SPECIAL COURT in Mumbai on Tuesday remanded five accused arrested in NCP leader Baba Siddique's murder case to police custody till December 20 after investigators said they need to interrogate them about an absconding accused and the weapons used in the crime.
PM: Cong fanned water disputes among states
FIRST ANNIVERSARY OF BJP GOVT IN RAJASTHAN
SME IPOs fetch rich returns in Dec
THE SME IPO market continues to see heightened interest and is delivering multibagger returns despite being under the lens of the markets regulator.
KYC masking to go live on Jan 20
IN A MOVE that provides relief to financial institutions, the Central KYC Records Registry has extended the deadline for masking Know Your Customer (KYC) documents to January 20 next year.
Trudeau govt adrift after FM quits, Trump tariffs loom
The abrupt resignation of Canada's finance minister leaves the government adrift less than a month before the inauguration of a new US administration that could impose crippling sanctions on Canadian exports.
Broadcom's 'Nvidia moment' has arrived. Now it needs to deliver
Broadcom's massive rally after last week's earnings report is reminiscent of when Nvidia Corp. shares first started to take off back in 2023.
