Elon Musk’s SpaceX has entered into a partnership with Telespazio, a joint venture between French rival Thales and Italian military and aerospace giant Leonardo, to commercialise the services of its satellite business Starlink.
The goal of this strategic cooperation, which was announced on Thursday, is to improve connectivity in underserved distant locations worldwide.
Starlink, a satellite internet provider owned by SpaceX, holds a commanding 60% of the approximately 7,500 satellites in orbit above the planet.
Its low-Earth orbit satellites are intended to deliver broadband internet services all over the world, especially in places like rural areas that are underserved by other networks.
With a 67% share held by Leonardo of Italy and a 33% stake by Thales of France, Telespazio is a joint venture between two significant companies in the aerospace and defence industries.
This integration aims to offer seamless mobile and fixed high-speed internet access. The objective is to guarantee dependable communication services in many areas, especially those that are geographically inaccessible to traditional Internet infrastructure.
Alessandro Caranci, Vice President of Telespazio’s Satellite Communications Line of Business, commented: “We are very satisfied with the agreement reached with Starlink, which allows Telespazio to further expand its offer portfolio in the satcom field, thus fully responding to the specific needs of the institutional world and of strategic segments of the industrial world, such as energy and maritime.”
As per the agreement, Telespazio will include Starlink in its current network of satellite and terrestrial connection choices.
We earlier reported that SpaceX’s enormous Starship lifted off from the company’s Starbase launch complex in Boca Chica, Texas.
