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- Eutelsat Raises €1. 35 Billion to Build Europe’s Starlink Rival
Eutelsat Communications SA is raising €1 35 billion ($1 5 billion) from the French government and other investors in a deal that will help the European company build out its fleet of satellites
- France to cough up cash to make Eutelsat a Starlink rival . . .
Satellite biz Eutelsat is looking to raise €1 35 billion ($1 55 billion) to grow its Low Earth Orbit (LEO) network to take on Starlink and benefit from anticipated growth in demand for connectivity The French-owned satellite operator said it is looking to raise capital by the end of the year
- France fires €700 million into space player Eutelsat as . . .
France will invest €717 million in Paris-based satellite operator Eutelsat, a global competitor to US-based Elon Musk-owned Starlink, Economy Minister Éric Lombard announced this week
- 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 becomes biggest shareholder in Eutelsat, EU rival to . . .
The 717 million-euro capital injection by the French state, which was part of an overall deal with other investors worth 1 35 billion euros, will make Paris Eutelsat's largest shareholder, raising
- 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
- Eutelsat’s Shares Skyrocket as France Leads €1. 35 Billion . . .
A Europe-Wide Effort to Compete with Starlink With this latest move, Eutelsat isn’t just serving France’s interests—it’s shaping up to be a central piece of a broader European satellite strategy The company said it’s open to bringing other international partners on board, including potential investors from the U K
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