France has pledged to invest €750M in debt-laden Eutelsat, leading a €1.5B investment from European Union member states. Europe is investing heavily in the satellite market to reduce its reliance on U ...
France's Eutelsat is often touted as a European challenger to Elon Musk's Starlink. The satellite operator last week received more than 1 billion euros in an investment led by the French state. The ...
French satellite operator Eutelsat SA today disclosed that it’s raising €1.35 billion in new funding to support growth initiatives in a deal set to close by year’s end. More than half the capital, or ...
Satellite operator Eutelsat must secure investment from more European countries to bolster its efforts to challenge ...
For years, France's Eutelsat has been trying to build a European alternative to Elon Musk's Starlink satellite broadband service. Stream Los Angeles News for free, 24/7, wherever you are. The company ...
For years, France's Eutelsat has been trying to build a European alternative to Elon Musk's Starlink satellite broadband service. The company merged with British satellite venture OneWeb in 2023, ...