Eutelsat, the Paris-based satellite operator, is abandoning its plans for the partial sale of its ground segment infrastructure assets to private equity. Sovereignty The deal will not proceed, as all conditions have not been satisfied, says the company. However, a French minister – Roland Lescure – said he refused to authorise the deal. His objection was that the antennas are ...
Airbus Defence and Space will be building a further 340 OneWeb Low Earth Orbit (LEO) satellites for the OneWeb constellation. The defence company confirmed the contract award from Eutelsat, of which OneWeb is now a subsidiary, following their merger in 2022. Also a batch of 100 satellites was ordered in December 2024, which brings the total number of satellites required ...
The most clicked stories on our website cover Arm's Neural Graphics SDK for Game Engines, the end of declining RAN revenues, and the optical satellite communication (OSC) market expanding rapidly.
Eutelsat, the Paris-based satellite operator, is turning to its existing shareholders for an equity raise – including the UK government – for a further €828m. Reserved capital increase The funding approach, via a reserved capital increase, has been formally agreed by the company’s board. It is for two main reasons, according to Eutelsat. First, supporting investment in developing its existing ...
Eutelsat, the Paris-based satellite operator, is looking for a capital boost of €1.5 billion, and the UK government is among those participating in the funding raise. The government is joining The French State via the APE (Agence des Participations de l’Etat). Also, taking part is Bharti Space Limited, CMA CGM, and FSP. Investment Basically, the UK government is looking to ...
The European Space agency has selected Novocomms to be the antenna specialist in a proof-of-concept positioning initiative. It involves sampling broadband satcom signals in Ku/Ka bands for other users to determine their position. These are dubbed Signals of Opportunity (SOOP). The Birmingham-based company will be part of a consortium led by Telespazio UK, in a €800,000 contract. This is a ...
Astroscale is celebrating the completion of the Critical Design Review (CDR) for its UK Space Agency-backed ELSA-M (End-of-Life by Astroscale-Multiple) In-Orbit Demonstration (IOD) spacecraft. Specifically, Astroscale UK – a subsidiary of Japan-based Astroscale Holdings – describes it as a world-first Rendezvous Proximity Operations (RPO) mission. The system is being designed, manufactured and operated by Astroscale UK at the Harwell Campus ...
Eutelsat has appointed Jean-François Fallacher as its new CEO, with the change being effective from the beginning of next month. The appointment was ratified at a company board meeting upon the recommendation of its Nomination and Governance Committee. Jean-François Fallacher Eutelsat described the appointment as a natural change that “fully aligns the company to the telecom ecosystem”. During his at ...
Eutelsat has chosen Airbus Defence and Space to build an extension of its current OneWeb Low Earth Orbit (LEO) constellation. The value of the contract has not been disclosed. Under its terms, however, Airbus will build 100 satellites. This is the first batch of the extension. Delivery is due at the end of 2026. Constellation extension “Airbus manufactured all of ...
We're talking AI startups losing their founders, sticky-back tape that attenuates EMI, and Eutelsat creating a new ground segment entity...
