Eutelsat in Talks to Raise EUR 1.5 Billion for LEO Expansion; Receives License from South Korea: Report
Eutelsat is in discussions with investors to raise EUR 1.5 billion to support the expansion of its low Earth orbit (LEO) satellite operations, according to a Bloomberg report citing sources familiar with the matter. The funding would be directed toward enhancing Eutelsat's LEO activities, which stem from its recent merger with OneWeb. The combined satellite fleet now includes more than 650 LEO satellites, offering approximately 1.1 terabits per second of... Read More