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- France becomes biggest shareholder in Eutelsat, EU rival to . . .
France on Thursday became the biggest shareholder in satellite company Eutelsat, which is widely regarded as a potential European rival to Elon Musk's Starlink France chose to act now to avoid
- 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
- 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 Invests €717 Million in Eutelsat to Build European . . .
PARIS — France will inject €717 million (US$826 million) into satellite operator Eutelsat as part of a major capital increase to boost the development of a European low-Earth orbit (LEO) satellite constellation, marking a decisive step towards reducing Europe’s reliance on foreign systems like SpaceX’s Starlink
- France Commits €717 Million to Eutelsat’s LEO Constellation . . .
In summary, France’s stake boost resets the European satcom map It shores up Eutelsat’s balance sheet, accelerates constellation renewal, and locks in military access The step does not close the capacity gap with Starlink overnight, but it gives Europe a credible path toward autonomous, secure connectivity
- Eutelsat Investment: France Invests 717 Million Euros in . . .
The company has in the past called itself "the only LEO alternative to Starlink" "Eutelsat is a strategic asset contributing to European strategic autonomy," French Finance Minister Eric Lombard
- France to Become Eutelsat’s Top Shareholder With €717 Million . . .
Management targets a net-debt-to-EBITDA ratio of 2 5 by the end of the current fiscal year The dual move—military contract and state-backed recapitalisation—underscores France’s bid to build a European satellite champion capable of competing with Starlink in secure broadband and defence markets
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