FILE PHOTO: Eutelsat Group logo is pictured at their Paris headquarters in Issy-les-Moulineaux, France, April 3, 2025. REUTERS/Benoit Tessier/File Photo
(Reuters) -Britain plans to invest 163.3 million euros ($191 million) in satellite operator Eutelsat, the company said on Thursday, adding to a much bigger cash injection from France to help the company compete with SpaceX's Starlink.
Europe is racing to build up sovereign capabilities in several key areas, including defence and satellite communications, after Russia's invasion of Ukraine and U.S. President Donald Trump's "America First" policies.
