Eutelsat needs to close funding gap to gain ground on Starlink


Eutelsat Group logo is pictured at their Paris headquarters in Issy-les-Moulineaux, France, April 3, 2025. REUTERS/Benoit Tessier

GDANSK/PARIS (Reuters) -Satellite operator Eutelsat must secure investment from more European countries to bolster its efforts to challenge billionaire Elon Musk's Starlink, EU lawmakers and analysts say following a commitment by France.

The debt-laden Franco-British company has gained unprecedented attention this year from European governments as the policies of President Donald Trump have raised concern about their reliance on U.S. satellite companies.

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