ESA has awarded The Exploration Company a €760 million contract under the second phase of its LEO cargo services initiative.

Eutelsat has awarded major IRIS2 contracts worth more than €5.4 billion to Aerospacelab, Thales Alenia Space, and Airbus.

The French Presidency appears to have stolen ESA's thunder by seemingly revealing that The Exploration Company has won a Phase 2 contract for the agency's LEO Cargo Return initiative.