Home / Articles / Eutelsat and OneWeb agree merger to create European satellite juggernaut
Eutelsat and OneWeb agree merger to create European satellite juggernaut
Posted on 26th Jul, 2022 15:18 PM
1212 Views
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 hav…