Smart News

U.K. is said to commit $191M to Eutelsat to bolster Europe's satellite industry

by Seeking Alpha on MSN.com
Jul 10, 2025
0 Comments
0 Likes Flag 0 Of 5

The United Kingdom plans to invest €163 million ($191 million) in Eutelsat, the Franco-British satellite company, as part of a broader push to enhance Europe's space infrastructure and maintain strategic influence over satellite communications, Reuters reported Thursday, citing two sources familiar with the matter.