Italy in Advanced Talks for $1.55 Billion Security Services Deal with SpaceX
Italy is reportedly in advanced negotiations with SpaceX for a deal worth 1.5 billion euros ($1.55 billion) to provide secure telecommunications services to the government, according to Bloomberg News. The deal, which would span five years, is set to include a range of services, including secure encryption for government communications and satellite services for Italy’s military operations in the Mediterranean and emergency response efforts.
Although the discussions are ongoing and a final agreement has not been reached, the project has received approval from Italy’s Intelligence Services and Defence Ministry, as per the report. The deal would also see the implementation of SpaceX’s satellite services for use in situations such as terrorist attacks or natural disasters.
The talks occur in the context of increasing ties between Italian Prime Minister Giorgia Meloni and SpaceX’s Elon Musk, who is also a close ally of former U.S. President Donald Trump. Additionally, Italy plans to begin testing Starlink satellite-based connectivity for enhancing high-speed internet rollout across the country.