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2026-09-10T19:50:00.000Z

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Eutelsat invests in satellite expansion

Eutelsat invests in satellite expansion

Eutelsat Company plans to renew and expand its satellite network until 2034 by ordering an additional 229 satellites from Airbus at a value of one billion euros. This move aims to strengthen competition with Starlink, which currently dominates the satellite internet market. This expansion follows Eutelsat's successful raising of approximately 5 billion euros to address financial pressures resulting from its merger with OneWeb, and to increase its fleet to over 600 satellites, with expectations that the number will soon exceed a thousand. This update seeks to support secure internet services and governmental communications, especially ahead of the operational launch of the European "IRIS²" satellite services system.

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