SpaceX set to sign billion-dollar deal with Italian government for telecoms, security services
Posted by:
John Harrison
Italy is in talks with SpaceX for a potential $1.6 billion deal to provide secure telecoms services, according to reports. The Italian government is considering a five-year contract with SpaceX for telephone and internet encryption, with discussions gaining momentum following a meeting between Italy’s Prime Minister and US President Donald Trump. While the deal could benefit the Italian military and improve communication during disasters, concerns have been raised about the political implications and impact on market competition. Despite exploring other options, including collaboration with the European Union, Italy is leaning towards SpaceX due to favorable costs.
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