Forrester’s Digest: Eutelsat Raises Capital by €1.35bn – SatNews

Forrester’s Digest: Eutelsat raises capital by €1.35bn – SatNews

Eutelsat, as expected, is raising €1.35 billion in fresh capital. The French state is “anchoring” the increase, which will be in place by the end of this year. The extra cash comes by way of a €716 million capital increase which would be subscribed by the French State via the Agence des Participations de l’Etat (APE), Bharti Space Limited, CMA CGM, and Le Fonds Stratégique de Participations (FSP), and additionally a rights issue of €634 million,…

Eutelsat announces $1.56bn capital increase - SatellitePro ME

Eutelsat has announced a Contemplated capital increase of $1.56 bn, anchored by key reference shareholders, to secure the execution of long-term strategic vision. Eutelsat is one of only two global operators with active commercial LEO (Low Earth Orbit) fleets and with a clear differentiation, being the only one exclusively focused on the B2B and B2G markets. While the global satellite connectivity market is expected to increase by 12% per annum …