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Italy plans to develop satellite system to rival Starlink

The Italian government has announced plans to develop a low-orbit satellite system for secure communications, according to Industry Minister Adolfo Urso.

This initiative is intended as a domestic alternative to existing satellite systems, including those provided by the United States-based SpaceX’s Starlink.

He said that the government aims to engage national stakeholders and has tasked the Italian Space Agency with conducting a feasibility study for the project.

However, specific timelines and information regarding involved companies were not disclosed.

Recent SpaceX developments

Timeline
15-Jan-2025 🚀 SpaceX launches Singapore office
  • SpaceX opens office in Singapore.
  • Starlink launched for Indonesia’s medical sector.
05-Dec-2024 🚀 SpaceX said to sell insider shares, valuation at $350b
  • SpaceX insider shares may value company at $350B
  • Valuation increased from $255B just last month
17-Nov-2024 🚀 SpaceX’s planned tender offer values the company at $250b
  • SpaceX plans $135 share tender offer in December.
  • Company valued over $250 billion amid policy changes.
05-Nov-2024 🌍 SpaceX urges suppliers to exit Taiwan amid China tensions
  • SpaceX asks Taiwan suppliers to relocate production.
  • Supply chains shifting to Vietnam for geopolitical safety.
27-Sep-2024 🚀 SpaceX proposes $1.5b Starlink investment in VN
  • SpaceX plans $1.5B investment in Vietnam.
  • Starlink service delays may be resolved soon.

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