Eutelsat (Recapitalization)
Funding Details
Awarder
RSS - techfundingnews.com
Date Award
July 11, 2025
Vertical
Satellite Communications
Funding URL
View Funding Page
Funding Amount
$1,500,000
Company Info
Traction
Eutelsat is working to deploy the IRIS² constellation by 2030, promising secure, high-speed internet for governments, businesses, and citizens across Europe.
Market
Satellite Internet
Location
France
Coinvestors
UK Government, French Government
Company Description

Eutelsat, strengthened by its merger with the UK’s OneWeb, is positioned to develop Europe’s sovereign satellite network with over 600 low Earth orbit (LEO) satellites and 34 geostationary satellites. The company aims to deliver secure, resilient, and sovereign satellite communications that keep European data in European hands.

Links
Website
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