Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

Eutelsat announces contract with Airbus for 100 satellites

by
December 17, 2024
in Stock
0
Eutelsat announces contract with Airbus for 100 satellites

(Reuters) -French satellite company Eutelsat has chosen aerospace giant Airbus to build 100 small satellites for its OneWeb constellation extension, with deliveries to begin around the end of 2026.

OneWeb is a European constellation of low Earth orbit (LEO) communications satellites acquired by Eutelsat in 2023 to rival the likes of Elon Musk-owned SpaceX’s Starlink and Amazon (NASDAQ:AMZN)’s Project Kuiper.

Airbus has so far built built 648 small satellites for OneWeb.

The satellites will also be technologically compatible with a planned 10.6 billion euro ($11.13 billion) secure European satellite constellation called IRIS², due to enter service in 2030.

Eutelsat did not disclose financial terms of the Airbus deal.

This post appeared first on investing.com
Previous Post

Honda and Nissan set sights on merger for electric vehicle competition, Nikkei reports

Next Post

MicroStrategy’s Nasdaq-100 entry attracts nearly $11 million of retail inflows

Next Post
MicroStrategy’s Nasdaq-100 entry attracts nearly $11 million of retail inflows

MicroStrategy’s Nasdaq-100 entry attracts nearly $11 million of retail inflows

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    NevGold Mobilizes Drill To Test Historical Leach Pads To Advance The Near-Term Antimony Production Scenario at Limo Butte

    NevGold Mobilizes Drill To Test Historical Leach Pads To Advance The Near-Term Antimony Production Scenario at Limo Butte

    March 13, 2026
    Cartier Cuts 7.1 g/t Au over 8.0 m at Portal ; New Shallow High-Grade Gold Zone Discovered

    Cartier Cuts 7.1 g/t Au over 8.0 m at Portal ; New Shallow High-Grade Gold Zone Discovered

    March 13, 2026
    US destroys 16 Iranian mine boats as Strait of Hormuz oil showdown escalates

    US destroys 16 Iranian mine boats as Strait of Hormuz oil showdown escalates

    March 12, 2026
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • NevGold Mobilizes Drill To Test Historical Leach Pads To Advance The Near-Term Antimony Production Scenario at Limo Butte
    • Cartier Cuts 7.1 g/t Au over 8.0 m at Portal ; New Shallow High-Grade Gold Zone Discovered
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2026 proudforprofits.com | All Rights Reserved