Get the latest tech news

Eutelsat’s 550% Surge: Europe’s Starlink Rival Blasts Off


Eutelsat’s 550% stock surge fuels Europe’s bid to rival Starlink in Ukraine as U.S. aid falters—geopolitics meets space tech.

By Eutelsat - https://www.eutelsatamericas.com/files/eutelsat-logo.svg, Public Domain, Link Picture this: a sleepy French satellite company wakes up to a stock surge that would make even Elon Musk blink. The French firm, with 35 geostationary satellites and 600+ low Earth orbit (LEO) craft via its OneWeb merger, is riding a wave of investor hype. Musk warned, “No Starlink, no front line.” U.S. Secretary of State Marco Rubio brushed off cutoff fears, yet Poland’s PM Donald Tusk backed Sikorski, signaling Europe’s readiness to pivot.

Get the Android app

Or read this on r/technology

Read more on:

Photo of Europe

Europe

Photo of % surge

% surge

Photo of Starlink rival

Starlink rival

Related news:

News photo

AI Pioneer Wants Europe to Forge Its Own Nimbler Way Forward

News photo

Bill Gates' Climate Group Lays Off US, Europe Policy Teams

News photo

Thales Sees Europe Defense as Growth Driver With Orders by 2026