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Search resuls for: "Eutelsat's"


6 mentions found


☆ Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
  + stars: | 2023-11-02 | by ( ) www.reuters.com   time to read: +2 min
SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. REUTERS/Nacho Doce/File Photo Acquire Licensing RightsNov 2 (Reuters) - SpaceX CEO Elon Musk said on Thursday the rocket company's satellite internet unit, Starlink, had achieved cash flow breakeven. In 2021, Musk said SpaceX would spin off and take Starlink public once its cash flow was reasonably predictable. Starlink has been in the spotlight since last year as it helps provide Ukraine with satellite communications key to its war efforts against Russia. SpaceX is valued at about $150 billion and is one of the most valuable private companies in the world.
Persons: Elon Musk, Nacho, Musk, Starlink, Chavi Mehta, Joey Roulette, Shinjini Organizations: SpaceX, Mobile World Congress, REUTERS, Viasat, Russia, NASA, Wall Street, Thomson Locations: Barcelona, Spain, Ukraine, Gaza, Bengaluru, New York
☆ Russia moved one of its satellites uncomfortably close to a French one, possibly to spy on it: report
  + stars: | 2023-10-25 | by ( Marianne Guenot | ) www.businessinsider.com   time to read: +3 min
Russia moved close to a satellite which some think is Eutelsat's 3B craft, analysts said. It follows a pattern of Russian behavior in space that has prompted security concerns. AdvertisementAdvertisementRussia moved one of its satellites uncomfortably close to France's Eutelsat 3B communications satellite, possibly to spy on it, according to reports. AdvertisementAdvertisementEutelsat's 3B satellite provides broadband, data, telecom, and video services across Europe, Africa, the Middle East, Central Asia, and South America. Luch-5-X/Olymp K-2 isn't close enough to crash into the unnamed commercial satellite.
Persons: —, Audrey Schaffer, TJ Kouri, Schaffer, it's, spacenews.com, Olymp, Michael Clont Organizations: Service, intel, Aerospace, Breaking Defense, Airbus, National Security Council, Analysts, Intelsat, Strategic International, Space Locations: Russia, Russian, France, Europe, Africa, East, Central Asia, South America, Eutelsat's, Ukraine
☆ Amazon launches first test satellites for Kuiper internet network
  + stars: | 2023-10-06 | by ( Joey Roulette | ) www.reuters.com   time to read: +3 min
A United Launch Alliance Atlas 5 rocket emblazoned with the Amazon logo lifted off from Cape Canaveral shortly after 2 p.m. Eastern time (1800 GMT), carrying the two Kuiper test satellites, a long-awaited mission Amazon initially had intended to launch using different rockets. In the days leading up to the launch, Amazon divulged few specifics about the two satellites, which were built at its satellite plant in Redmond, Washington. Amazon has vowed to invest $10 billion into its Kuiper project, which was announced in 2019, the year SpaceX began deploying its first operational Starlink spacecraft. The market for broadband internet service from low-Earth orbiting satellites is viewed as being worth up to tens of billions of dollars in the next decade. Like SpaceX, Amazon aims to target individual consumers and enterprise customers with Kuiper, pulling from its devices playbook to build consumer terminals at a company cost of $400 each - though it has not yet announced prices.
Persons: SpaceX's Starlink, Elon, Canada's, Jeff Bezos, Joey Roulette, Chris Reese, Will Dunham 私 たち Organizations: United, Alliance, Cape Canaveral Space Force, SpaceX, United Launch Alliance, Boeing, Lockheed, Amazon Locations: Cape Canaveral , Florida, U.S, 読む WASHINGTON, Florida, Cape Canaveral, Redmond , Washington
☆ Eutelsat and OneWeb combine to create European satellite giant as Musk's Starlink pressures sector
  + stars: | 2023-09-28 | by ( Ryan Browne Michael Sheetz | Ryan Browne | Michael Sheetz | ) www.cnbc.com   time to read: +2 min
OneWeb, the British satellite giant, completed its combination with French rival Eutelsat Thursday, setting the stage for a European challenger to Elon Musk's space internet venture Starlink. It comes as competition is heating up between different players in the multibillion-dollar space industry. Likewise, OneWeb also targets enterprise customers, but offers a different service capability thanks to its LEO network – similar to SpaceX's Starlink satellite internet. Eutelsat will remain headquartered in Paris, and OneWeb will continue operating in London with its name changed to Eutelsat OneWeb. Commercial deals are gaining traction in the space industry, with Musk's Starlink service working alongside businesses including Spain's Telefonica and French firms Marlink and Speedcast.
Persons: Elon, Morgan Stanley, OneWeb, Starlink, Eutelsat, Eva Berneke, Neil Masterson, Masterson, Musk's Organizations: Telecom Italia, Deutsche Telekom, Euronext Paris Stock, London Stock Exchange, Eutelsat, CNBC, Spain's Telefonica, SpaceX, SES Locations: British, Orange, Paris, London
☆ Musk is 'changing the way we think about risk': Satellite incumbent plans fightback against Starlink
  + stars: | 2023-06-16 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +1 min
Eutelsat CEO Eva Berneke is betting on that massive acquisition of a British firm called OneWeb to turn around the company's fortunes. These so-called geostationary or GEO satellites is what Eutelsat specializes in. OneWeb, a British company, specializes in so-called low Earth orbit, or LEO satellites, which are used for things like internet connectivity. By combining Eutelsat's legacy GEO business with the LEO business of OneWeb, Berneke feels like it could be a big advantage. OneWeb, a direct competitor to Elon Musk's Starlink, which counted Japanese giant SoftBank among its investors, filed for bankruptcy in 2020.
Persons: Elon Musk, Jeff Bezos, Eva Berneke, Berneke, Eutelsat, Elon Musk's Organizations: PARIS, CNBC, GEO, LEO, Elon Musk's Starlink Locations: British, Paris, OneWeb
☆ Eutelsat sees OneWeb merger boosting yearly sales to $2 bln by 2027
  + stars: | 2022-10-12 | by ( ) www.reuters.com   time to read: +2 min
SummarySummary Companies Q1 sales fall by 4.5% on like-for-like basisSees tie-up with OneWeb boosting yearly sales, profitsConfirms full-year targetsPARIS, Oct 12 (Reuters) - Eutelsat Communications (ETL.PA), the world's third-biggest satellite operator by revenue, said on Wednesday it expected its planned tie-up with Britain's OneWeb to boost annual sales to 2 billion euros ($1.95 billion) by 2027. The French group expects annual sales to amount to about 1.2 billion euros in 2023, following the finalisation of the deal. The group's first-quarter sales fell by 4.5% on a like-for-like basis to 287 million euros, it said on Wednesday. It said the decline in sales matched its own targets and it confirmed its full-year targets, including an annual adjusted discretionary free cash flow of 420 million euros. ($1 = 1.0283 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Mathieu Rosemain; Edited by Benoit Van Overstraeten and Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.
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