16:53
World Business
Italy studying satcom market for possible tender call this year, Eutelsat CEO says
Reuters
Italy is conducting a study of its space and satellite communications market, with the possibility of issuing a call for tender later this year, signaling the country’s growing interest in expanding its role in the satellite communications sector.
Italy is currently conducting an in-depth study of its space and satellite communications market, with the possibility of issuing a call for tender later this year, according to the CEO of Franco-British satellite operator Eutelsat, ETL.PA. This move signifies Italy’s growing interest in expanding its role in the satellite communications sector and exploring new opportunities for investment and development within the space industry.
The study is expected to provide valuable insights into Italy’s existing space infrastructure, potential market needs, and areas for growth. As a key player in the European space landscape, Italy's initiative could lead to significant advancements in satellite technology and telecommunications, aligning with broader European efforts to strengthen its space capabilities.
Eutelsat, a leading satellite operator in Europe, has expressed its keen interest in Italy’s plans, recognizing the potential for collaboration and growth within the Italian market. The company's CEO emphasized that a potential call for tender would offer further opportunities for both local and international companies to contribute to Italy's expanding space and communications infrastructure.
Italy’s efforts come at a time when space and satellite technologies are increasingly vital to global communications, offering critical services for everything from internet connectivity to defense and scientific research. As nations continue to explore the commercial and strategic advantages of space technology, Italy’s study and potential tender process will be closely watched by industry stakeholders.
With space becoming an ever more competitive and integral part of international economies, Italy's approach to studying and expanding its space communications market could serve as a model for other nations seeking to leverage the growing opportunities in the satellite sector.
12:06
Newshour with Guy Shone
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