SpaceX is said to be planning a 1.5 billion euro deal with Italy

SpaceX is said to be planning a 1.5 billion euro deal with Italy

Communication system
Italy is said to be planning a 1.5 billion euro deal with SpaceX






According to a report, SpaceX is to provide Italy with encryption for telephone and internet services. It is said that the discussions have progressed.

According to a media report, Italy wants to acquire a particularly secure communications system worth 1.5 billion euros from tech billionaire Elon Musk’s SpaceX company. Both sides are in advanced talks, Bloomberg News reported.

A five-year contract is planned; the government in Rome is concerned with secure communication. Although a final agreement is still pending, the project has already been approved by the Italian secret services and the Ministry of Defense. SpaceX and the Italian Defense Ministry did not initially respond to inquiries from the Reuters news agency.

Meloni and the Tesla boss

Why Italy’s Prime Minister and Elon Musk need each other

SpaceX will also be used by the Italian military

According to the report, SpaceX will provide Italy with encryption for telephone and internet services used by the government. Communication services for the Italian military in the Mediterranean and the introduction of satellite services for emergencies such as terrorist attacks or natural disasters are also planned.

Bloomberg reported on the planned billion-dollar deal after Italian Prime Minister Giorgia Meloni met US President Donald Trump on a surprise visit on Sunday. Musk is an ally and close adviser to Trump.

Reuters

mod

Source: Stern

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts