By Joshua Stein 

Airbus SE, Orange and Thales SA said Wednesday that they have been named by the European Commission as part of a consortium that will carry out a study into a new European space-based communication system.

The year-long feasibility study, which is worth 7.1 million euros ($8.6 million), will assess possibilities for a secure connectivity system for citizens across the European Union, the companies said in a joint release with the other members of the consortium.

The study will report back in a year with a preliminary architectural design and provisional budget, with the possibility for a public-private partnership in the future.

The consortium consists of Thales subsidiary Thales Alenia Space, Airbus, Orange, Arianespace, Eutelsat Communications, Hispasat, OHB SE, SES SA and Telespazio.


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(END) Dow Jones Newswires

December 23, 2020 04:32 ET (09:32 GMT)

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