By Joshua Stein

Airbus SE, Orange and Thales SA said Wednesday that they have been named by the European Commission as part of a consortium that will carry out a study into a new European space-based communication system.

The year-long feasibility study, which is worth 7.1 million euros ($8.6 million), will assess possibilities for a secure connectivity system for citizens across the European Union, the companies said in a joint release with the other members of the consortium.

The study will report back in a year with a preliminary architectural design and provisional budget, with the possibility for a public-private partnership in the future.

The consortium consists of Thales subsidiary Thales Alenia Space, Airbus, Orange, Arianespace, Eutelsat Communications, Hispasat, OHB SE, SES SA and Telespazio.

Write to Joshua Stein at joshua.stein@wsj.com

(END) Dow Jones Newswires

December 23, 2020 04:32 ET (09:32 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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