Tag Archives: Eutelsat

We're talking AI startups losing their founders, sticky-back tape that attenuates EMI, and Eutelsat creating a new ground segment entity...

Eutelsat is entering into exclusive negotiations with a private equity company, EQT, for the partial sale of its ground segment infrastructure assets. The parties are looking to carve out Eutelsat’s “passive assets”, i.e. land, buildings, support infrastructure, antennas and connectivity circuits. They would form a new company – a standalone legal entity – of which EQT will own 80% of ...

The board of Eutelsat Communications has announced it has formally approved the planned merger with OneWeb, the satellite communications company partially owned by the UK government. Eutelsat – the Paris-based satellite operator – and the main shareholders of OneWeb (Bharti, the UK Government, Softbank and Hanwha) signed the final combination agreement on 14 November. Under the terms of the deal ...

For David Manners, it was a potentially catastrophic threat to Philips, which has seen the CEO Frans van Houten decide to step down in October.

The first European software-defined satellite capable of being completely reprogrammed while in space is now in commercial use. Eutelsat’s Ku band satellite, dubbed Quantum – which was launched on 30 July 2021 by an Ariane 5 from Europe’s spaceport in French Guiana – has begun its commercial operation (located at 48° East, covering EMEA to Asia). Specifically, the satellite operator ...

Eutelsat and OneWeb are to combine with OneWeb shareholders holding  50% of Eutelsat. The UK government, which had a 19.3% share in OneWeb before the merger, will retain rights over procurement, the location of the HQ and vetoing of customers on grounds of national security. OneWeb will keep its name and its role in low orbit satellites. Eutelsat operates geostationary ...

Eutelsat, the French satellite operator, is expected to announce a merger with OneWeb this week Eutelsat already has a 23% stake in OneWeb and is its second largest shareholder. OneWeb was bought out of bankruptcy by the British government and India’s Bharti Global. Bharti has a 38.6% share in OneWeb, the British government has 19.3% and Softbank 12%. After the merger it is ...

Eutelsat, the Paris-based satellite operator, has appointed a new CEO with effect from the New Year – Eva Berneke. She joins Eutelsat from being the CEO of KMD, a Danish IT and software company that is now part of the NEC Group. She is credited by Eutelsat with the “transformation of KMD from a mainly government service provider to a ...

Both the Intelsat and Eutelsat CEOs are stepping down from their roles, the companies have separately announced. Intelsat, the Virginia-based communications satellite services provider that was formerly an intergovernmental consortium, has announced the planned retirement of Stephen Spengler. He has served as CEO for the last six and a half years, having worked at Intelsat for 18 years. With Intelsat ...

Eutelsat, the Paris-based satellite operator, has increased its stake in OneWeb to 23%, making it the second largest shareholder. It exercised a call option on a portion of the latest OneWeb funding round subscribed by Bharti, for a consideration of $165 million, taking its shareholding from 17.6% to 22.9%. The Indian company is the largest shareholder with 30% and it made ...