December 27, 2024

SpaceX logo projected on mobile phone for illustration photo.

Beata Sales | Noor Photos | Getty Images

Eutelsat, the world’s third-largest satellite operator by revenue, on Sunday launched 20 satellites for its communications network using Elon Musk’s SpaceX, the first time since two European companies last year The first measure since the merger.

SpaceX Falcon 9 rocket take off, A Eutelsat satellite was launched from Vandenberg Space Force Base in California at 0513 GMT.

“This is the first time OneWeb has launched a satellite since the merger,” CEO Eva Berneke told Reuters in an interview. “We will be launching more satellites in the coming years.”

The Paris-based group, formed last September from the merger of France’s Eutelsat and Britain’s OneWeb, has more than 600 low-Earth orbit satellites serving broadcasters, telecoms companies and radio stations.

“We really want to be part of the telecom ecosystem,” Berneke said. “Satellite is an interesting niche in the overall connectivity ecosystem, where telcos are the big boys in the category and satellite will always be the smaller piece.”

Eutelsat’s customers include telecom operators such as France’s Orange and Australia’s Telstra, and it is negotiating with other operators such as AT&T in the United States.

The company has a backlog of $4 billion in orders and is waiting for countries such as India and Saudi Arabia to open up.

The Indian market is expected to grow at an annual rate of 36% to reach $1.9 billion by 2030, and satellite services are currently being allowed. it has experienced friction Cooperation between domestic players and companies such as Starlink.

Two Asian chipmaking giants had a memorable Friday, but for different reasons.

“We have some backlog in the Indian market … and it’s sitting there until India opens up, and the day it opens up, we’ll start building,” Berneke said.

She said the company was also in talks with airlines to offer in-flight connectivity services, including Internet browsing, and expected revenue to increase starting next year.

About The Author

Leave a Reply

Your email address will not be published.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