Stock Market News

Pentagon considers funding Starlink network for Ukraine – Politico

2022.10.17 16:54



© Reuters. Starlink logo is seen on a smartphone in front of displayed Ukrainian flag in this illustration taken February 27, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) – The Pentagon is considering paying for Elon Musk’s Starlink satellite network that helped restore communications in war-torn Ukraine, Politico reported on Monday, citing two U.S. officials involved in the discussions.

SpaceX, which operates Starlink, and the Pentagon did not immediately respond to Reuters’ requests for comment.

The most likely source of funding would be the U.S. Department of Defense Ukraine Security Assistance Initiative, designed to support the country as it fights Russia, the report added.

The move comes after Musk on Friday said SpaceX could not indefinitely fund Starlink in Ukraine, but quickly backtracked over the weekend to assert the rocket company would continue to fund the service in the country.

Starlink has helped Ukraine’s civilians and military stay online during the war, with Ukraine’s Vice Prime Minister Mykhailo Fedorov last week saying Starlink’s services helped restore energy and communications infrastructure in critical areas.

(The story has been refiled to fix typographical error in the first paragraph.)



Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 105,161.18 0.75%
ethereum
Ethereum (ETH) $ 3,344.81 1.45%
xrp
XRP (XRP) $ 3.13 0.80%
tether
Tether (USDT) $ 1.00 0.01%
solana
Solana (SOL) $ 258.01 3.45%
bnb
BNB (BNB) $ 690.18 1.00%
dogecoin
Dogecoin (DOGE) $ 0.354731 1.32%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.987631 0.96%
staked-ether
Lido Staked Ether (STETH) $ 3,339.41 1.52%
tron
TRON (TRX) $ 0.253778 0.78%
chainlink
Chainlink (LINK) $ 25.66 2.56%
avalanche-2
Avalanche (AVAX) $ 37.70 5.90%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,982.90 1.49%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,779.07 0.36%
hedera-hashgraph
Hedera (HBAR) $ 0.342039 3.12%
stellar
Stellar (XLM) $ 0.42187 2.17%
the-open-network
Toncoin (TON) $ 5.10 0.82%
sui
Sui (SUI) $ 4.18 0.26%
shiba-inu
Shiba Inu (SHIB) $ 0.00002 0.24%
weth
WETH (WETH) $ 3,345.83 1.51%
polkadot
Polkadot (DOT) $ 6.35 0.49%
litecoin
Litecoin (LTC) $ 124.14 1.06%
bitget-token
Bitget Token (BGB) $ 7.73 0.33%
leo-token
LEO Token (LEO) $ 9.75 0.24%
bitcoin-cash
Bitcoin Cash (BCH) $ 443.26 1.14%
hyperliquid
Hyperliquid (HYPE) $ 24.70 10.59%
uniswap
Uniswap (UNI) $ 12.32 0.30%
usds
USDS (USDS) $ 1.00 0.04%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,537.02 1.54%
pepe
Pepe (PEPE) $ 0.000015 0.12%
official-trump
Official Trump (TRUMP) $ 31.51 11.96%
near
NEAR Protocol (NEAR) $ 5.07 2.57%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.10%
aave
Aave (AAVE) $ 331.97 0.36%
aptos
Aptos (APT) $ 8.41 3.95%
mantra-dao
MANTRA (OM) $ 4.84 38.27%
ondo-finance
Ondo (ONDO) $ 1.45 1.49%
internet-computer
Internet Computer (ICP) $ 9.20 0.80%
monero
Monero (XMR) $ 224.19 1.60%
whitebit
WhiteBIT Coin (WBT) $ 28.46 0.11%
ethereum-classic
Ethereum Classic (ETC) $ 27.09 0.68%
mantle
Mantle (MNT) $ 1.20 0.94%
vechain
VeChain (VET) $ 0.048234 0.37%
crypto-com-chain
Cronos (CRO) $ 0.138129 0.13%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.439092 1.49%
render-token
Render (RENDER) $ 7.04 2.19%
dai
Dai (DAI) $ 1.00 0.03%
algorand
Algorand (ALGO) $ 0.40896 1.57%
kaspa
Kaspa (KAS) $ 0.132869 2.23%