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Starlink rival Eutelsat plans OneWeb expansion after €1 billion satellite order

Source: reuters.com

Technology & InnovationInfrastructure & DefenseCompany Fundamentals
Starlink rival Eutelsat plans OneWeb expansion after €1 billion satellite order

Eutelsat signed a deal with Airbus for 229 additional low-Earth-orbit satellites to replenish and expand its OneWeb constellation through 2034. The investment supports the Franco-British operator's long-term satellite broadband capacity and network competitiveness, providing a positive strategic signal for Eutelsat and Airbus.

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