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Eutelsat manages 35 satellites in geostationary orbit and enhanced its low-Earth orbit network to 600 satellites following the acquisition of Britain's OneWeb in 2023. OneWeb's satellites resemble those utilized by Starlink, whose constellation of approximately 7,000 offers internet connectivity in 125 nations, including Ukraine.
A representative from Eutelsat stated that the company possesses geostationary satellites appropriate for operations in Ukraine. “We are discussing with the EU ways we can help bolster Ukraine,” the firm informed Reuters.
Eutelsat's stock price has more than tripled in the last two days, boosting its market cap by €1 billion.
source: reuters.com
A representative from Eutelsat stated that the company possesses geostationary satellites appropriate for operations in Ukraine. “We are discussing with the EU ways we can help bolster Ukraine,” the firm informed Reuters.
Eutelsat's stock price has more than tripled in the last two days, boosting its market cap by €1 billion.
source: reuters.com