Eying a Starlink alternative, France to boost Eutelsat stake Eutelsat is planning a €1 35 billion capital increase, and France’s planned participation will increase the government stake to around 30%, from less than 20% now The U K government is also
France to cough up cash to make Eutelsat a Starlink rival The French-owned satellite operator said it is looking to raise capital by the end of the year It aims to accomplish this via a reserved capital increase (new share issue) of €716 million ($824 million) to France's Agence des Participations de l'Etat (APE) – the state investment body – and other key shareholders such as Bharti Space Limited
France to Become Eutelsat’s Top Shareholder With €717 Million . . . Eutelsat secured a 10-year framework agreement worth up to €1 billion with the French Ministry of the Armed Forces to provide low-Earth-orbit (LEO) satellite capacity for military communications under the NEXUS programme The deal designates the operator’s OneWeb architecture as a strategic national asset, offering P
Macron fait de lentrée de lÉtat français au capital d . . . Un soutien sonnant et trébuchant pour le champion européen des satellites : face à l'américain Starlink, la France réinvestira 717 millions d'euros dans le groupe Eutelsat, pour en devenir le
France Fires Back at Starlink: €717 Million Move . . . - MSN France has made a major investment in Eutelsat, a European satellite company The French government will now become the largest shareholder in Eutelsat after putting in 717 million euros
France fires €700 million into space player Eutelsat as . . . A model a beam-hopping satellite developed by Eutelsat and the European Space Agency, is on display at the Mobile World Congress 2024 in Barcelona, Spain [Getty Images - NurPhoto Contributor