Overview
- The French state led the recapitalisation with a €750 million injection, joined by a €163 million UK commitment and €150 million from Bharti Group.
- France now holds about a 29.6% stake in Eutelsat, the UK retains its 10.9% share plus a golden security share, and Bharti owns roughly 17.9%.
- The new capital will accelerate deployment of Eutelsat’s fleet of over 650 low-Earth orbit satellites to boost broadband capacity.
- This equity round aims to secure resilient military and civilian satellite internet services for Ukraine as European leaders reduce reliance on U.S.-owned Starlink.
- The recapitalisation positions Eutelsat to contribute to the European Commission’s IRIS² public-private satellite broadband network planned for operation by 2030.