Europe London & Paris-Listed $1.9 Billion Satellite Communications Group Eutelsat Raised $1.5 Billion in Capital Raise, Formed in 2023 in Merger of Eutelsat & OneWeb, Investors Include France Agence des Participations de l’Etat (APE), Bharti Space, CMA CGM & Le Fonds Stratégique de Participations (FSP)
21st June | Hong Kong
Europe London & Paris-listed satellite communications group Eutelsat ($1.9 billion market value) has raised $1.5 billion in capital raise. Eutelsat Group was formed in 2023 in merger of Eutelsat & OneWeb. Eutelsat investors include France Agence des Participations de l’Etat (APE), Bharti Space, CMA CGM & Le Fonds Stratégique de Participations (FSP). Eutelsat (European Telecommunications Satellite Organization) was setup in 1977 by European countries as an intergovernmental organisation, and became a private company in 2001. Eutelsat Group – Eutelsat Group is a global leader in satellite communications, delivering connectivity and broadcast services worldwide. The Group was formed through the combination of the Company and OneWeb in 2023, becoming the first fully integrated GEO-LEO satellite operator with a fleet of 34 Geostationary satellites and a Low Earth Orbit (LEO) constellation of more than 600 satellites. The Group addresses the needs of customers in four key verticals of Video, where it distributes more than 6,500 television channels, and the high-growth connectivity markets of Mobile Connectivity, Fixed Connectivity, and Government Services. Eutelsat Group’s unique suite of in-orbit assets enables it to deliver integrated solutions to meet the needs of global customers. The Company is headquartered in Paris and the Eutelsat Group employs more than 1,500 people across more than 50 countries. The Group is committed to delivering safe, resilient, and environmentally sustainable connectivity to help bridge the digital divide. The Company is listed on the Euronext Paris Stock Exchange (ticker: ETL) and the London Stock Exchange (ticker: ETL).
“ Europe London & Paris-Listed $1.9 Billion Satellite Communications Group Eutelsat Raised $1.5 Billion in Capital Raise, Formed in 2023 in Merger of Eutelsat & OneWeb, Investors Include France Agence des Participations de l’Etat (APE), Bharti Space, CMA CGM & Le Fonds Stratégique de Participations (FSP) “
Europe London & Paris-Listed $1.9 Billion Satellite Communications Group Eutelsat Raised $1.5 Billion in Capital Raise, Formed in 2023 in Merger of Eutelsat & OneWeb, Investors Include France Agence des Participations de l’Etat (APE), Bharti Space, CMA CGM & Le Fonds Stratégique de Participations (FSP)
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