US EditionFrance, Eutelsat to Combine Military and Civilian Space Resources
15 Articles
15 Articles
At the Salon du Bourget, Emmanuel Macron confirmed the investment of 717 million euros of public money in the Eutelsat group. While China and the United States have taken a considerable advance, our sovereignty in space is a priority. For intelligence satellites, finding their place at very high altitude is a crucial issue. - Rescue from Eutelsat: why France wants its place in the "very high altitude" (New Technologies).
The French president is rousing the continent to stop playing second fiddle. Space is no longer just about the stars — it's about power, sovereignty, and speed
Consensus of the Norbolsa Market Eutelsat will realize a capital increase of 1,350 M. € in which the French State will contribute 526,4 M.€ and increase its participation from 13% to 30%. The Indian group Bharti (31,4 M.), the gala shipping company CMA CGM (100,4 M€) and the French fund FSP (57,8 M€) will also participate. The rest of the extension, 634 M€ will be with preferential subscription rights for the current shareholders of the company…
France to double Eutelsat stake through capital raise
Eutelsat secured a capital injection deal worth €1.35 billion through investment from the French state and other shareholders, as the satellite company looks to become a European alternative to Elon Musk’s Starlink. The French state is to fund the majority of the investment, in turn making it Eutelsat’s largest shareholder with a stake just short of 30 per cent which is more than double the 13.6 per cent it currently holds. It will inject arou…
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