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A comment on Danish pension fund excludes SpaceX citing governance and valuation. Parent comment

Re:Danish pension fund excludes SpaceX citing governance and... by Topfi on Saturday May 30, 2026 @08:25AM (#48335447)
>> The EU is even building their own Starlink equivalent.

> No they aren’t.

That’s exactly what IRIS [0] is though…

[0] https://defence-industry-space.ec.europa.eu/eu-space/iris2-s...

[ Parent | on HN ]
Re:Danish pension fund excludes SpaceX citing governance and... by kortilla on Tuesday June 02, 2026 @12:47AM (#48366186)
IRIS is a 290 sat constellation that doesn’t have any proven sats in orbit or a user terminal. The capacity even if they deliver what they claim on paper is not a Starlink equivalent.

The tyranny of being in MEO/LEO is that your sats are not overhead at least half of the time.

Lower capacity, higher latency, and worse coverage makes it more of a viasat improvement than anything like a starlink equivalent.

They fumbled by not trying to provide global coverage.

[ Parent | on HN ]