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France to boost Eutelsat stake

CNBC on MSN · 2d

Starlink rival Eutelsat pops 31% as France backs $1.55 billion capital raise

French President Emmanuel Macron said strengthening Eutelsat's position was "ensuring its strategic independence and paving the way for Europe's."

Reuters on MSN · 2d

France gives Eutelsat capital boost to try to build European satellite champion

The French state is set to become Eutelsat's biggest shareholder following a 1.35 billion-euro $1.55 billion) capital increase that the financial ministry said will help the satellite company compete with Elon Musk's Starlink.

Defense News on MSN · 2d

Eying a Starlink alternative, France to boost Eutelsat stake

The French government announced a 10-year framework contract with Eutelsat worth as much as €1 billion to provide military-grade satellite communications.

1d

Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

Eutelsat, the European satellite company, made headlines this week as its stock surged an impressive 31% on Friday.

1don MSN

Eutelsat shares climb as French investment stirs hopes for European satellite champion

Eutelsat's shares soared on Friday after France said it would inject $1.55 billion into the debt-laden company, giving a ...

1d

French government steps in to rescue Eutelsat

By subscribing to more than half of the €1.35 billion capital increase of the French satellite internet specialist Eutelsat, ...

1don MSN

Eutelsat seeks €1.35B to boost LEO network and take the fight to Starlink

Satellite biz Eutelsat is looking to raise €1.35 billion ($1.55 billion) to grow its Low Earth Orbit (LEO) network to take on ...

Eutelsat's Stellar Surge: Satellite Deals and Underwater Discoveries

Eutelsat shares soared after securing a 10-year military contract with France. Meanwhile, Chile's underwater forests face ...

2don MSN

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 ...

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