SSIT's space logistics and orbital transportation portfolio company, D-Orbit, signed a €26-million contract with the European Space Agency (ESA). This contract is for 'IRIDE', a space-based observation program initiated by the Italian government that will leverage national competencies and responsibility with the support of ESA. ESA along with the Italian Space Agency (ASI) under the framework of Italy’s National Recovery and Resilience Plan (PNRR), will manage the project.
D-Orbit is a market leader in providing space logistics and transportation services with a track record of space-proven services, technologies, and successful missions. According to the contract, D-Orbit will provide a SAR (synthetic aperture radar) satellite and will manage its flight operations segment on behalf of the end user; the deal also includes an option for an additional SAR satellite, worth €24 million. The sensor will be implemented by MetaSensing, an Italian company specialising in advanced radar technologies.