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First of all, on one of the most important.

Historical developments which is happening now that we are both witnessing that historical development,

but also we are participating in that historical development and that historical development,

we have a simple title Square.

I have the whole speech written by my, you know, intellectual services. But when I looked through.

I said, well, maybe everybody knows what Iris is about.

If somebody does not know, you can raise your hand and I will come and I will explain what I about.

Definitely this is a big step forward both in technological development,

in space development, in development for European security and defense,

and definitely.

That is what we can celebrate because just a few weeks ago a very important agreement between our institutions and the consortium was reached and Erie Square will be delivered on time. In 2029. The first stage will be delivered.

So now really it's time to Celebrate the successful beginning.

I hope that after 3 years, we shall have a celebration of successful implementation,

and I would like to use this opportunity to thank everybody.

Who was and is participating in this historical development of new constellation, a very important constellation to Europe,

for global consumers,

and it will be of the same highest quality in the world as Galileo and Copernicus. Iris Square has one still remaining problem.

It is not very clear how we shall call in the future.

Because we have very nice titles for Galileo and Copernicus,

and I raises a question about, so that will be also the task for us.

So I would like to thank everybody who were at the beginning at the start of this very important development.

A few years ago during the first mandate of Commission President Ursula von der Leyen,

I would like to thank our services.

Also our partnership with ISA and our common job with EUUSPA.

But of course, the most important, I would like to thank our industrial partners, the consortium,

which is doing a great job and which is really creating this remarkable historical new development in our space achievements. So thanks a lot to everybody.

Thank you, Commissioner, if we could keep you here for now, I would like to talk about that cooperation,

of course, and invite Jean-François Fau, the CEO of UTelsat, to come up and say a few words. I know he's in the crowd. There he is, of course he is. If you'd like to join us, Mr. Kalache, please welcome him. No good, good. Hello everyone. Please, Luis, join me on stage.

Luis Malo, the CEO of ESAsat, which is, our co-member of, the Space Rise Consortium,

and, Adela Saleh, which is, also a key member of the consortium. The CEO of, SS apologizes.

He had to take a plane back, but, he, he's with, with us, of art.

So first of all, yeah, it's a very important moment. It's Historical moment.

This is a project on which we had,

we were discussing with Catherine Eva which is started to work in 2020.

So, just to give you, the time of maturing of of Eri Square.

Well, I'm, I'm, I've joined a year and a half, UTSA, and we are really working extremely hard on, on getting where we are today. Very pleased.

To have now a phase in which Mr. Commissioner, this is becoming a reality.

We have placed the orders, billion euro orders.

At our key partners and suppliers they will probably be named Thales Alenia Space,

Airbus, Aerospace Lab OHB. Which is there as well. The orders have been placed.

The work is starting, so this is really a phase on which we want to have this project becoming concrete. So I will be very brief. I want to first thank you, Mr.

Commissioner, thanks Katherine Haley and her teams because they have been a very tough negotiation partner,

but. I will come there, Catherine.

I want to thank also ISA, of course, who is, is, is president. Thank you very much, and Laurent Mosar.

We have here also, the head of, the Space Sci Project Consortium, Smruti. Thank you very much.

I want to thank the Eutelsat team, of course,

and I want to thank everyone that made this possible. It's a historical moment for us, Eutelsat.

We are running the 2nd operational constellation in the world. OneWeb. This is absolutely critical, Mr. Commissioner, because this is our generation too. This is our 2nd generation.

That will kick in and allow us to have a future that will go up to 2040.

So this is giving us the long breath, the future for our customers, our customer base,

which are presenting more than a quarter of the revenues of the Tels.

So it's really a very emotional and very important moment. So thank you to everyone and now.

This is really starting and we have a target to launch the first satellites in 2029,

so everybody is already running since the 7th of August when we signed this important phase to make sure that we are going to be there on time for this strategic project for Europe.

So it's a big pride and a big thank you to everyone on the side of Luis.

Jean François, I don't want to bother you any longer with another speech,

so let me just join Jean-Francois in thanking the European Commission, the European Space Agency, our team.

And all the people who have been involved in achieving the final signature of the concession contract.

Now we have a clear road map and we are confident that we will be able to deliver on time and on quality. Thank you. Thank you so much.

I want to invite Olof those who were involved, of course, in Iriss Squared for a big family photo, if that's, all right, of course, the Spacewest Consortium,

SES Yelsat, HIPA, of course, represented here, and the industry involved in developing Iris Square,

that of course is, including Aerospace Lab, Tales, OHP, and Airbus.

If there are representatives, of course, in the crowd, please join for this family photo up here if you could,

and then we'll move on very swiftly to our next, ceremony. Please join us. Thank you so much.

What has It's. No I Very very. That's great.

Thank you so much, everybody.

Thank you. I Yes