Eutelsat Buys Into LEO Market Through $550M Stake In OneWeb

Credit: Toys Films Eutelsat
Eutelsat Communications is buying a quarter stake in recently reborn constellation provider OneWeb for $550 million, the companies announced April 27. The deal brings together the former’s business relationships and customers with the latter’s burgeoning low Earth orbit satellite fleet. The cash...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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