Eutelsat uses SpaceX rocket to launch first satellites after merger

Eutelsat uses SpaceX rocket to launch first satellites after merger


SpaceX logo is screened on a mobile phone for illustration photo. 

Beata Zawrzel | Nurphoto | Getty Images

Eutelsat, the world’s third-biggest satellite operator by revenue, launched 20 satellites for its communications network on Sunday, using Elon Musk’s SpaceX in its first move since the merger of two European companies last year.

A SpaceX Falcon 9 rocket took off, with Eutelsat satellites from California’s Vandenberg Space Force Base at 0513 GMT.

“This is the first OneWeb launch of the satellites since the merger,” CEO Eva Berneke told Reuters in an interview. “We will be launching more satellites over the coming years.”

The Paris-based group formed by the merger in September last year of France’s Eutelsat and Britain’s OneWeb has a constellation of over 600 low earth orbit satellites that cater to broadcasters, telecom companies and radio stations.

“We really want to integrate into the telco ecosystem,” Berneke said. “Satellites are an interesting niche in the overall connectivity ecosystems where telcos are the big boys in the class and satellite will always be a smaller part.”

Eutelsat counts telecom operators such as France’s Orange and Australia’s Telstra as clients and is in talks with others such as AT&T in the U.S.

The company, which has a backlog of orders of $4 billion, is waiting for countries such as India and Saudi Arabia to open up.

India – a market set to grow 36% a year to $1.9 billion by 2030 – is in the process of allowing satellite services. It has experienced friction between domestic players and companies such as Starlink.

Two Asian chipmaking giants had a Friday to remember, but for different reasons.00:0201:26

“We have some of our backlog sitting in the Indian market… It sits there until India gets open, the day it gets open, we’ll start building,” Berneke said.

The company is also in talks with aviation companies to offer in-flight connectivity, including internet browsing, and expects revenue to start increasing from next year, she said.



Source

World

Consumer prices rose 2.4% annually in January, less than expected

The cost of goods and services rose at a slower annual rate than expected in January, providing hope that the nagging U.S. inflation problem could be starting to ease. The consumer price index for January accelerated 2.4% from the same time a year ago, down 0.3 percentage point from the prior month, the Bureau of […]

Read More
Dubai’s DP World replaces CEO after Epstein links emerge
World

Dubai’s DP World replaces CEO after Epstein links emerge

Sultan Ahmed Bin Sulayem of Dubai speaks at a news conference on Nov. 10, 2005 in New York City. Mario Tama | Getty Images News | Getty Images The CEO of Dubai’s largest port has been replaced by the company after details of his past relationship with the late sex offender Jeffrey Epstein were made […]

Read More
Prices, pipelines and patent cliffs: Inside pharma’s big reset
World

Prices, pipelines and patent cliffs: Inside pharma’s big reset

This earnings season, Europe’s biggest pharma companies posted results ranging from 7% beats to 3% misses — but no one really cared. Instead, drugmakers looked ahead, with 2026 shaping up to be a defining year following a dramatic 2025, and one where the impact from last year’s developments is set to crystallize. “2025 was about […]

Read More