FILE PHOTO: The logo of French defence and electronics group Thales is seen outside a company building in Gennevilliers near Paris, France, March 25, 2024. REUTERS/Sarah Meyssonnier/File Photo
PARIS (Reuters) - The head of one of Europe's largest satellite manufacturers, France-based Thales, has highlighted the risks to governments of relying too heavily on private satellite constellations in an apparent warning over Elon Musk's Starlink.
Speaking at a results briefing on Tuesday, Thales CEO Patrice Caine questioned the business model of Starlink, which he said involved frequent renewal of satellites and question marks over profitability.
