Eutelsat and OneWeb agree on merger to create European satellite juggernaut

Eutelsat and OneWeb agree on merger to create European satellite juggernaut

Two major players in the European satellite space are merging in a $3.4 billion all-share transaction, a move that is widely seen as a challenge to Elon Musk’s SpaceX. Rumors emerged earlier this week that France’s Eutelsat was gearing up to buy its British rival OneWeb, and the duo have now confirmed these plans. Founded […]

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