Eutelsat Orders 229 Satellites
Satellite operator Eutelsat has ordered 229 additional low Earth orbit satellites from Airbus for one billion euros. The expansion aims to strengthen its OneWeb network and challenge Starlink.
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EUTELSAT COMMUNICATIONS will invest €1 billion ($1.16 billion) to procure 229 low Earth orbit satellites from AIRBUS SE, expanding its OneWeb network through 2034. The Franco-British operator is scaling up its infrastructure to challenge Starlink. The expansion follows €5 billion in fundraising to stabilize finances after the OneWeb merger.
