Eutelsat Satellite Fleet Expansion
Sector: Broadband • Location: France
Source: Bloomberg
Eutelsat Communications SA is raising €1.35 billion from the French government and other investors to build out its fleet of satellites as an alternative to Elon Musk's Starlink. The funding will help maintain and expand its OneWeb service to compete in the satellite internet market. The French government is investing €717 million, increasing its stake to almost 30%. Eutelsat will ultimately need
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Eutelsat Communications SA is raising €1.35 billion from the French government and other investors to build out its fleet of satellites as an alternative to Elon Musk's Starlink. The funding will help maintain and expand its OneWeb service to compete in the satellite internet market. The French government is investing €717 million, increasing its stake to almost 30%. Eutelsat will ultimately need to find €4 billion by 2032 to update OneWeb's low-Earth-orbit satellites and participate in the European Union's Iris2 project. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |