PARIS — The biggest space investment financed by the European Union’s Recovery and Resilience Facility is Italy’s Iride constellation of Earth observation satellites, whose 1.02 billion euros ($1.075 billion) in capex is financing a first batch of 34 satellites with multiple sensors designed for Italian government users.
Italy asked the 22-nation European Space Agency (ESA) to manage the development and procurement of the Iride satellites and launch vehicles and, with the Italian Space Agency (ASI), has created an Integrated Project Team . . .
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