France reviews Eutelsat as strategic assets in the EU pressure on technologically sovereignty.
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For years, France is Eutelsat tries to build a European alternative Elon Musk’s Starlink satellite broadband service.
The company connected with the British satellite undertaking OneB 2023., consolidated the satellite communication industry in the effort to compensate for Starlink, which is owned by Spaceks.
Last week, the French state was invested in Eutelsat in the amount of 1.35 billion euros, which was the largest shareholder company approximately 30% stake.
Europe is largely lagging behind the US in a global space race. Starlink’s constellations of over 7000 satellites of Eutelsat dwarves. Meanwhile, the European launch opportunities are limited from the US region and further relies on America for certain launch services, which is a market dominated by the market dominated by the market dominated specex Dominated by Specexks.
Eutelsat currently has a market capitalization of 1.6 billion euros, significantly lower than the valuation for SpaceX for Starlink Spaceks, which was They bind to $ 350 billion in the sale of secondary stake last year. 2020. years, Analysts in Morgan Stanley said To see Starlink increasing to $ 80.9 billion in their “evaluation of the basic case” for the company.
Luke Kehoe, Industry Analyst at Network Monitoring Firm Ookla, Eutelsat Shows The Country “is now Treating Eutsat Less Like A Commercial Telco And More Like A Dual-Use Critical-Infrastructure Provider and A” Strategic Aset “in the European Union’s Push for Technologically sovereignty.
However, the construction of a European competitor for Starlink will not be mean Feat.
Skala question
CNBCs tell experts in order, while Eutelsat could strengthen efforts in Europe to create a sovereign satellite internet provider, the challenge for American Rival Starlink requires a significant increase in investment in low ground satellites.
Eutelsat’s Oneweb ARM manages a total of 650 leo satellites, which is less than the tenth starlinks 7,600-strong global satellite satellite.
“To offer greater capacity and coverage, [Eutelsat] It is necessary to increase the number of satellites in space, it is difficult due to the fact that many of the one-life is approaching the end of their lifetime and will be replaced first before growing the size of the constellation, “Joe Gardiner, research analyst at the CNBC market analyst.
Ooklav Kehoe departed this opinion. “Eutelsat’s chances of achieving parity with Starlink at a satellite broadband mass market segment over the next five years remain limited, given to Spacex without a further global level in Leo infrastructure,” he said.
“Even with the most modern injection of capital from the French state, Eutelsat still lags behind starlin in several key areas, including capital, production permeability, access launch, spectrum and user terminal.”
Still, he thinks that the company is “well positioned to succeed in European-sovereign, segments sensitive to security and a priority for jurisdiction over jurisdiction and sovereignty through the capacity of crude constellation.” The company’s segment refers to the corporate space clients market.
Can Eutelsat replace Starlink in Europe?
It’s certainly hope. France Emmanuel Macron invited Europe to increase its investments in space, saying last week that “space becomes a measure of international strength in some way.”
When Eutelsat announced its investment from France last week, the company emphasized its role “the only European operator with a fully operational network” as well as “strategic role of leo constellations in the French model for sovereign defenses and space communications.”
Earlier this year, Eutelsat was in launch to replace Starlink in Ukraine. For years, Starlink offered the Ukrainian army of its satellite internet service to help war efforts in the middle of a permanent invasion of Russia.
The relations between the US and Ukraine who acted after the president’s election Donald Trump And reports appeared that American negotiators have set the opportunity to reduce access to Ukraine Starlink.
In April, Germany founded 1,000 Eutelsat terminals in Ukraine with the aim of providing an alternative – not replacement – for 50,000 Starlink terminals in the war country.
Since then, the Sad-Ukraine tension has something cooled, and Starlink remains the primary satellite provider of the Ukrainian army broadband space.
Eutelsat’s former CEO of Eva Berneke admitted that the company could still not match Starlink’s scale.
“If we took over the entire capacity of connecting for Ukraine and all citizens – we could not do that. Let’s be very honest,” she He said in a April interview with politics.
Berneke was replaced as CEO in May Jean-Francois-Fallacher, former executive director of French Telecom Diva Orange.
Apples and oranges
Meanwhile, although Eutelsat has installed investments in the LEO satellite with its only OneVeb, experts say that its technical architectures and orbital designs are ultimately different from Starlinks.
“OneVeb Constellation currently uses bent pipes architecture, which is not as capable as satellites Starlink; Only, Oneweb will also have to invest in satellites of the second generation,” he added.
The cases of the French firm also differ from Starlinks. Eutelsat manages the constitutionary orbit constipation (Geo), as well as Leo satellites. Geo satellites Orbita The country at a much larger altitude of its Leo equivalents and can usually cover more land with less satellites.
“Eutelsat’s satellite satellites is filled for specialized use cases, such as polar coverage companies and research facilities in remote regions such as Greenland and Alaska,” said Joe Vaccaro, Vice President and Managing Director Cisco’s HiliTiveIES network intelligence unit.
Looking forward, Eutelsat said he plans to “build on his improvements in” differentiated model on the market “and” strong European anchor “. He also noticed that the UK government could also increase its investments in Eutsat “in due course.”
