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Eutelsat Secures €1.35 Billion, Gains French Government Support

6/22/2025

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Summary

Story summary

Eutelsat is set to secure €1.35 billion, with the French government stepping in as its largest shareholder. This strategic funding will bolster financial stability, cut down debt, and propel advancements in the OneWeb system and the IRIS² constellation. Shareholder approval is anticipated by September, marking a pivotal moment for the company.

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Story summary

Eutelsat is set to secure €1.35 billion, with the French government stepping in as its largest shareholder. This strategic funding will bolster financial stability, cut down debt, and propel advancements in the OneWeb system and the IRIS² constellation. Shareholder approval is anticipated by September, marking a pivotal moment for the company.