DeFi Daily News
Monday, February 9, 2026
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Finance Business Finance

SpaceX Rocket Launches Eutelsat’s First Satellites Following Merger, Reports Reuters

Reuters by Reuters
October 20, 2024
in Business Finance
0 0
0
SpaceX Rocket Launches Eutelsat’s First Satellites Following Merger, Reports Reuters
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article

By Supantha Mukherjee

In the innovative hubs of Stockholm, an event unfolded that marked a significant leap in the arena of satellite communications. Eutelsat, a titan in the satellite operation sector, and globally ranked as the third in terms of revenue, initiated a monumental phase in their operations. This sought-after operation involved the deployment of 20 avant-garde satellites into orbit, a strategic move that came on the heels of a pivotal merger of two seminal European entities in the previous year. The ambition of this launch scaled new heights as it saw the collaboration with SpaceX, a company helmed by the visionary Elon Musk, known for pioneering space exploration and transportation.

The commencement of this ambitious project took place on the revered grounds of California’s Vandenberg Space Force Base. A momentous lift-off occurred at 0513 GMT, facilitated by the prowess of a SpaceX Falcon 9 rocket. This vehicle, renowned for its reliability and efficiency, cradled the 20 Eutelsat satellites into the cosmos, marking a new dawn for satellite communication.

Eutelsat’s CEO, Eva Berneke, in a detailed conversation with Reuters, shed light on the significance of this launch. “This is the first OneWeb launch of the satellites since the merger,” she stated, acknowledging the merger that sculpted this new path for Eutelsat. Emphasizing the forward-looking vision of the company, Berneke revealed an ambitious timeline of satellite launches destined to unfold in the years to come.

The merger that birthed this new phase for Eutelsat was a union of France’s Eutelsat and Britain’s OneWeb in September of the previous year. This landmark fusion brought into existence a constellation comprising over 600 low earth orbit satellites. The spectrum of beneficiaries of this vast network includes broadcasters, telecom companies, and radio stations, each edging closer to unparalleled connectivity.

Delving deeper into the strategic objectives of Eutelsat post-merger, Berneke elucidated the aspiration to weave satellites more intricately into the telecommunications ecosystem. “We really want to integrate into the telco ecosystem,” she articulated, highlighting the niche yet crucial role satellites play within the expansive connectivity landscapes dominated by telecom giants. This role, according to Berneke, positions satellites as the nuanced players amidst the ‘big boys’ of the telecom realm.

The clientele of Eutelsat, post-integration, reads like a roster of telecommunication behemoths. Names like France’s Orange and Australia’s Telstra figure prominently, with ongoing dialogues aimed at roping in other major players such as AT&T in the United States. This strategic client base alignment signals Eutelsat’s engraved role in the future of global connectivity.

Venturing into the fiscal dimensions of Eutelsat’s aspirations, the company beholds a backlog of orders worth a staggering $4 billion. This cache of impending projects is on standby, awaiting the green light from markets burgeoning with potential, notably India and Saudi Arabia. India, with its forecasted growth trajectory swelling 36% annually to reach $1.9 billion by 2030, is on the cusp of liberalizing its satellite services. This anticipated deregulation holds the promise of untethering the backlog of projects Eutelsat has earmarked for this vibrant market.

The intricacies of navigating market entry in India highlight a broader narrative of contention and collaboration among international satellite service behemoths and domestic entities. The stakes are high, and the anticipation grows as these markets inch closer to unlocking a new era of satellite communication.

Amid these expansive market strategies, Eutelsat harbors aspirations to transcend traditional satellite services, venturing into the realm of in-flight connectivity. This ambitious pivot is aimed at revolutionizing the air-travel experience, offering passengers seamless internet browsing capabilities amidst the clouds. Berneke harbors optimism for this venture, projecting an uptick in revenue generation starting the following year.

As we crest over this narrative, the journey of Eutelsat through mergers, strategic launches, and expansive market strategies unfolds a transformative era in satellite communications.

In conclusion, the cosmos above us is not merely a vast expanse of enigma but a canvas of opportunity. Eutelsat, with its strategic mergers, innovative collaborations, and forward-looking vision, is etching its name among the stars. Through ambitious satellite launches with SpaceX and ventures into new markets and services, it’s on a trajectory to redefine connectivity on Earth and beyond. Amidst these celestial ambitions, we find ourselves spectators to an evolving story, one where technology, ambition, and the human spirit converge to unlock new possibilities. As we marvel at these advancements, let’s remain tuned for what the future beholds, for in the realm of satellite communications, the sky is not the limit but the beginning.

For more trending news articles like this, visit DeFi Daily News.



Source link

Tags: EutelsatslaunchesmergerreportsReutersrocketsatellitesspacex
ShareTweetShare
Previous Post

SpaceX Rocket Launches Eutelsat’s First Satellites Post-Merger

Next Post

Boeing to consider selling assets in order to improve financial situation, according to report from the Wall Street Journal

Next Post
Boeing to consider selling assets in order to improve financial situation, according to report from the Wall Street Journal

Boeing to consider selling assets in order to improve financial situation, according to report from the Wall Street Journal

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
Waitlist Now Open for Virgin Red Credit Card Issued by Synchrony – NerdWallet

Waitlist Now Open for Virgin Red Credit Card Issued by Synchrony – NerdWallet

August 14, 2024
rewrite this title Bitcoin Price Consolidates In Tight Zone: Why A Crash To ,000 Is Likely

rewrite this title Bitcoin Price Consolidates In Tight Zone: Why A Crash To $84,000 Is Likely

February 24, 2025
rewrite this title with good SEO Solana Price Holds 0–0 as Breakout Looms

rewrite this title with good SEO Solana Price Holds $120–$130 as Breakout Looms

December 14, 2025
rewrite this title Klarna CEO wants to turn the platform into a ‘super app’ with help from AI

rewrite this title Klarna CEO wants to turn the platform into a ‘super app’ with help from AI

June 18, 2025
How Real Could Aaron Rodgers To The Giants Be In 2025? | Pat McAfee Reacts

How Real Could Aaron Rodgers To The Giants Be In 2025? | Pat McAfee Reacts

March 3, 2025
rewrite this title Stranger Things Creators Defend Will’s Coming Out Scene, ‘I Believe’ Series Ending

rewrite this title Stranger Things Creators Defend Will’s Coming Out Scene, ‘I Believe’ Series Ending

January 2, 2026
rewrite this title What Is Farcaster? The Decentralized Social Media Protocol – Decrypt

rewrite this title What Is Farcaster? The Decentralized Social Media Protocol – Decrypt

February 9, 2026
rewrite this title XRP Ledger Clears The Threshold For Institutional Settlement – Here’s How

rewrite this title XRP Ledger Clears The Threshold For Institutional Settlement – Here’s How

February 9, 2026
rewrite this title Patagonia's Lightweight Waxed Cotton Jacket Is 50% Off Right Now

rewrite this title Patagonia's Lightweight Waxed Cotton Jacket Is 50% Off Right Now

February 9, 2026
rewrite this title The 50+ Questions to Ask HCM Vendors if You’re Looking for Measurable ROI

rewrite this title The 50+ Questions to Ask HCM Vendors if You’re Looking for Measurable ROI

February 9, 2026
rewrite this title Social media compares Patriots’ yardage to Bad Bunny’s halftime movement

rewrite this title Social media compares Patriots’ yardage to Bad Bunny’s halftime movement

February 9, 2026
They Make 0,000 a Year and Still Live Paycheck-to-Paycheck

They Make $500,000 a Year and Still Live Paycheck-to-Paycheck

February 9, 2026
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.