Breaking news

Italy Advances Plans For Ambitious Low-Orbit Satellite Constellation

Italy is charting a bold course in the space race, ramping up efforts to establish its low-orbit satellite constellation. In a significant development, the country has moved into phase 2 of its project, progressing beyond early feasibility studies, according to a source close to the matter.

This constellation, designed for both civil and military applications, will feature over 100 satellites. But what sets it apart is its interoperability—intended to work seamlessly with existing global satellite networks, rather than operating in isolation. “The goal is integration, not independence,” the source clarified, noting that the constellation’s debut is unlikely to occur before 2031.

In early March, Italy’s space agency submitted a preliminary feasibility report to the government, ahead of the initially set summer deadline. With phase 2 now underway, Italy is entering negotiations with key industry players, including Leonardo, the state-backed aerospace and defense giant. Leonardo is expected to play a critical role in the design and construction of the satellite network.

While details remain scarce, the project reflects Italy’s growing ambition to bolster its presence in space and enhance its strategic capabilities. The involvement of major defense contractors signals the project’s dual-use nature, aimed at serving both civilian needs and military requirements.

As the clock ticks towards 2031, Italy’s satellite constellation will be a key piece in its evolving space strategy. For now, all eyes are on the next steps as the country takes bold strides toward solidifying its role in the new space economy.

Cyprus President Champions Domestic Defence Industry For National Security And Economic Growth

Government Commitment To Strengthen National Defence

The President of the Republic, Nikos Christodoulidis, reaffirmed the government’s intention to enhance the country’s deterrence capabilities while expanding the potential of the domestic defense industry. Speaking during a high-level meeting at the Presidential Palace with members of the Cyprus Defence Industry Council, he outlined a strategy that connects national security priorities with long-term economic development.

Performance Assessment And Strategic Objectives

In the presence of Defence Minister Vasilis Palmas, the meeting focused on evaluating the achievements of the council one year following its establishment and delineating the path ahead. The President recalled, “Last year, we decided to institutionalize the Cyprus Defence Industry Council. Today, we review our targets and assess what has been achieved and what remains pending. We discussed the need for a registry of Cypriot companies. It is crucial to amplify the international presence of our enterprises. I remain deeply confident in your capabilities,” emphasizing a performance-driven approach aimed at enhanced operational transparency and market expansion.

Positioning The Industry As A New Economic Pillar

President Christodoulidis expressed his firm belief that the Cypriot defence industry could emerge as a significant economic driver. He described it as a “promising new pillar” for the nation’s economy, bolstered by European initiatives such as the SAFE framework, supplementary equipment procurement plans from third countries, and participation in international trade exhibitions. Such strategies, he noted, open up further opportunities for local businesses to integrate into the global arms market.

International Outreach And Future Economic Impact

The President also pledged active support at an international level, citing his positive response to an invitation to Athens to engage in initiatives aimed at enhanced exposure and collaboration. He was confident that the industry’s contribution could realistically reach a double-digit share of Cyprus’ GDP in the coming years, a target he described as not only ambitious but entirely attainable given current capabilities.

Clear Vision For Measurable Progress

Concluding the meeting, President Christodoulidis reaffirmed his commitment: “I am fully aware of your potential. This is an emerging sector critical to both our economic future and our national security. Today, I expect us to review our concrete achievements, address the areas requiring improvement, and steer this initiative toward even greater success.” This decisive call for accountability and action underscores a broader strategic agenda that intertwines national defence imperatives with forward-looking industrial and economic policies.

The Future Forbes Realty Global Properties
Uol
eCredo
Aretilaw firm

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter