(Bloomberg) -- The European Union unveiled several programs aimed at boosting the bloc’s civil, space and defense industries, including a low-earth orbit satellite infrastructure to rival Elon Musk’s Starlink network.

The push will aim to provide reliable, secure and cost-effective connectivity for governmental and commercial communications, as well as high-speed broadband throughout Europe, the European Commission said on Monday.

The commission said it was currently carrying out a feasibility study to specify the project’s scope and associated costs.

Key Points

  • Other EU programs announced Monday are designed to manage satellite traffic in space to avoid collisions and to further develop European drone capabilities.
  • The action plan also includes measures for efficient investments in the space and defense sectors to ensure there’s no overlap.
  • Officials also call for technological developments in the space and defense sectors to benefit the civil sector, and vice versa

Get More

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  • Europe Wants Its Own Alternative to Musk’s Starlink Network (1)

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