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Aerospacelab Wins €2.4 Billion Deal to Build Majority of IRIS² Satellites

The award covers 76% of the planned constellation and gives Europe a sovereign alternative for secure communications, Reuters said.

  • On Thursday, Thales Alenia Space and Belgium's Aerospacelab secured major contracts for the European Union's IRIS² satellite constellation. Thales Alenia Space will supply payloads for 330 satellites, while Aerospacelab won a €2.4 billion deal to build 264.
  • Designed to provide a sovereign alternative to non-European systems like SpaceX, the IRIS² network aims to deliver secure communications for European governments and security agencies by 2030. The constellation will comprise 348 satellites total.
  • Thales Alenia Space's agreement represents a tranche worth around €500 million under a broader contract expected to exceed €3 billion. Aerospacelab will be responsible for building 76% of the planned 348 satellites for the secure space-based 5G network.
  • This allocation to Aerospacelab illustrates the evolving European space supply chain, where newer entrants take a growing role alongside established contractors such as Thales Alenia Space, Airbus, and OHB. The first 66 satellites will launch starting in 2029.
  • However, the rollout faces questions as Germany pursues a separate national military satellite network, prompting concerns about fragmentation of European efforts and rising costs. Germany's Isar Aerospace was separately selected for institutional launch services.
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26 Articles

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The industry group will provide government payloads for 330 secure telecommunications satellites of the future European programme The supplier of space technologies

·France
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Center

Satellite builder Aerospacelab from Charleroi has secured a contract worth 2.4 billion euros. It will build 264 satellites for the European Iris² network, accounting for three-quarters of all satellites in the network. This is intended to become a European alternative to Elon Musk's Starlink.

·Brussels, Belgium
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ReutersReuters
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Aerospacelab wins €2.4 billion deal to build majority of IRIS² satellites

·London, United Kingdom
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The Walloon company has won a contract of 2.4 billion euros. The Walloon group Aerospacelab has just won an important contract. The most...

·Brussels, Belgium
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Key takeaways Aerospacelab, a satellite manufacturer based in Charleroi, has secured a historic agreement worth 2.4 billion euros, reports VRT NWS. Under this agreement, the company will produce 264 satellites, representing 75 percent of the total hardware required for the Iris² network. This project aims to […]

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La Tribune broke the news in Paris, France on Thursday, September 10, 2026.
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