Italy and SpaceX Negotiate $1.6 Billion Telecom Security Project

Reported 2 days ago

Italy is in advanced talks with SpaceX to establish a $1.6 billion contract for secure telecommunications, which would be the largest such project in Europe. This five-year agreement aims to provide top-tier encryption for government communication and military services, especially in emergency scenarios. The deal has gained momentum following a recent visit by Italian Prime Minister Giorgia Meloni with Donald Trump, and is supported by Italy's Defense Ministry. Although some Italian officials express concerns over potential impacts on local telecom carriers, negotiations are ongoing.

Source: YAHOO

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