financetom
Business
financetom
/
Business
/
Eutelsat announces contract with Airbus for 100 satellites
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Eutelsat announces contract with Airbus for 100 satellites
Dec 17, 2024 9:25 AM

(Reuters) - French satellite company Eutelsat has chosen aerospace giant Airbus to build 100 small satellites for its OneWeb low Earth orbit (LEO) constellation extension, with deliveries to begin around the end of 2026.

The satellites will be technologically compatible with a planned 10.6 billion euro ($11.13 billion) secure European satellite constellation in response to Elon Musk's Starlink.

Eutelsat did not disclose financial terms of the Airbus deal.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lamar Advertising Buys Verde Outdoor Assets
Lamar Advertising Buys Verde Outdoor Assets
Jul 7, 2025
04:39 PM EDT, 07/07/2025 (MT Newswires) -- Lamar Advertising ( LAMR ) said late Monday it has acquired the assets of Verde Outdoor, expanding its presence in the Midwest, Southeast and Mid-Atlantic markets. The deal added over 1,500 billboard faces in 10 states to Lamar's portfolio, the company said. Verde contributed its assets to Lamar Advertising Limited Partnership, the operating...
ProAssurance, The Doctors Company Get Early FTC Clearance for Merger
ProAssurance, The Doctors Company Get Early FTC Clearance for Merger
Jul 7, 2025
04:40 PM EDT, 07/07/2025 (MT Newswires) -- ProAssurance ( PRA ) and The Doctors Company said late Monday that the US Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Act for the pending acquisition of ProAssurance ( PRA ) by The Doctors Company. The early termination satisfies a key condition for the acquisition's closing,...
Greystone Housing Impact Signs $80 Million Credit Agreement
Greystone Housing Impact Signs $80 Million Credit Agreement
Jul 7, 2025
04:37 PM EDT, 07/07/2025 (MT Newswires) -- Greystone Housing Impact (GHI) said Monday that it signed an agreement with five institutional investors for $80 million line of credit. The deal replaces the prior credit agreement with Bankers Trust that had a maximum commitment of $50 million, according to Greystone. The line of credit provides temporary financing for the company's investment...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved