Italy in talks over $1.5 billion SpaceX security services deal, Bloomberg News reports

Italy is in advanced talks with Elon Musk’s SpaceX over a 1.5 billion euro ($1.55 billion) deal for the company to provide secure telecommunications to the government, Bloomberg News reported on Sunday.

Discussions are ongoing and a final agreement on the five-year contract has not been reached, but the project has already been approved by Italy’s Intelligence Services and Defence Ministry, the report said, citing unnamed sources.

Read more

You may also like

Comments are closed.

More in Newspapers