US EditionEutelsat in Talks to Raise EUR 1.5 Billion for LEO Expansion; Receives License From South Korea
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Eutelsat Communications, Europe's brightest hope in the satellite market and a direct competitor to Starlink, is currently negotiating with investors for a €1.5 billion capital increase. The goal is to expand its own low-Earth orbit (LEO) network. If the deal goes through, the French government's stake would... Read the article: Eutelsat aims to raise €1.5 billion for LEO satellites. You can support us with every purchase you make through Amazon…
Eutelsat seeks €1.5bn funding – SatNews
Eutelsat has reportedly held talks with investors to raise €1.5 billion to expand its low Earth orbit (LEO) satellite constellations as it seeks better to compete with Elon Musk’s satellite-broadband service Starlink. The satellite operator is said to be in discussions to acquire funding from the French government, investor Fonds Strategique de Participations, shipping company CMA CGM and the UK government, according to a Bloomberg report. The r…
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TV Tech Industry NewsEutelsat seeks €1.5bn funding
Eutelsat has reportedly held talks with investors to raise €1.5 billion to expand its low Earth orbit (LEO) satellite constellations as it seeks better to compete with Elon Musk’s satellite-broadband service Starlink. The satellite operator is said to be in discussions to acquire funding from the French government, investor Fonds Strategique de Participations, shipping company […]
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