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Europe's Eutelsat Could Help Replace Starlink in Ukraine

Eutelsat, a European satellite operator, may play a crucial role in helping Ukraine meet its communication needs after losing access to Elon Musk's Starlink system. The company's global-coverage constellation of satellites in low earth orbit (LEO) and geostationary orbit can provide an alternative for government and defense applications. Eutelsat has already been supporting government and institutional communications in Ukraine and offers similar capabilities to Starlink in Europe.

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Eutelsat in Talks with EU to Ramp up Satellite Internet to Ukraine, as Shares Soar Δ1.92

Eutelsat is in advanced discussions with the European Union to supply additional internet access to Ukraine, driven by the prospect that its OneWeb satellites could replace Elon Musk's Starlink there. The surge in Eutelsat's shares reflects investors' optimism about the company's potential role in Europe's satellite autonomy efforts. As a result, the company is actively collaborating with European institutions and business partners to enable the swift deployment of additional user terminals for critical missions and infrastructure.

Starlink Rival Eutelsat Triples on EU Defense Spending Plan Δ1.88

Shares of Eutelsat Communications SA surged over 300% following the European Union's commitment to increase defense spending amid uncertainties surrounding U.S. military aid to Ukraine. This unprecedented jump in stock value was fueled by concerns over the reliability of Starlink services, which are crucial for Ukrainian military operations, prompting EU officials to explore alternative satellite solutions. Eutelsat, which operates a significant portfolio of low-earth orbit satellites, is positioning itself as a viable alternative to SpaceX's Starlink in the defense sector.

Poland Seeks Alternative to Starlink in Ukraine Amid Reliability Concerns Δ1.87

Poland is considering alternative internet service providers if Elon Musk's SpaceX proves unreliable, foreign minister Radoslaw Sikorski said. Starlink has been crucial for Ukraine's military and civilians amid the ongoing conflict with Russia. The Polish government pays $50 million annually for Ukraine's Starlink subscription, which it plans to maintain despite potential disruptions.

Eutelsat Secures European Space Connectivity Lead as Investors Bet on Oneweb Δ1.87

Eutelsat has reaffirmed its commitment to boosting Europe's autonomy in space-based connectivity, following a nearly 50% surge in its shares amid growing investor interest in its OneWeb satellites. The company's strategy to supply internet access to war-torn Ukraine and other regions has gained significant traction, driven by concerns over Starlink's sales momentum in Europe. As the European satellite operator gains ground on rival providers like SpaceX, Eutelsat is poised to capitalize on the growing demand for reliable space-based connectivity solutions.

If Ukraine Loses Starlink, Here Are the Best Alternatives Δ1.86

The potential loss of Starlink's satellite communications in Ukraine has prompted discussions about alternative systems such as OneWeb, Project Kuiper, and IRIS2, though these options may not match Starlink's extensive coverage and ease of use. As Ukrainian villagers rely on Starlink for critical communication, the urgency to find reliable alternatives highlights the challenges these new technologies may face in replicating the established infrastructure. Ultimately, the transition away from Starlink could significantly impact connectivity in Ukraine, especially in rural areas dependent on satellite internet.

Europe's Eutelsat Vies for Secure Italian Telecoms Contract, Sources Say Δ1.83

Eutelsat, a rival to Starlink, is among companies in talks with the Italian government to provide systems for secure satellite communications. Italy aims to guarantee encrypted communication between the government, diplomats, and defence officials operating in risky areas. The European satellite operator is developing potential homegrown alternatives to Starlink, which dominates the sector.

Musk and Rubio Spar with Polish Minister Over Ukraine's Use of Starlink Δ1.80

The exchange between US Secretary of State Marco Rubio, Elon Musk, and Poland's foreign minister Radoslaw Sikorski over the use of Starlink satellite internet system in Ukraine highlights the complexities of international relations, technological diplomacy, and the role of private companies in conflict zones. The situation underscores the fragility of global supply chains, particularly in the aerospace industry, where timely delivery of parts is crucial for meeting production goals. Musk's comments on Twitter have sparked concerns about the reliability of Starlink services in Ukraine, with some experts warning that disruptions could have significant consequences for the country's military operations.

Polish PM Tusk Cautions 'Friends' Against Arrogance After Starlink Spat Δ1.79

Poland's prime minister has cautioned his allies against being arrogant in a post on X, following an extraordinary social media spat with top US and Polish officials over Starlink. The spat between Secretary of State Marco Rubio and Foreign Minister Radoslaw Sikorski raised concerns about the reliability of Elon Musk's satellite service for Ukraine. Poland pays $50 million per year for Ukraine to use Starlink, which provides crucial internet connectivity.

'Gamestop Effect': Retail Traders Seen Behind Eutelsat's 650% Surge Δ1.77

Eutelsat's shares have experienced an astounding increase of nearly 650% over four days, largely attributed to retail traders engaging in a short squeeze reminiscent of the Gamestop phenomenon. The surge in stock price has been driven by speculation that Eutelsat could potentially replace Elon Musk's Starlink in providing internet access to Ukraine, following geopolitical tensions. Analysts suggest that this rally reflects not only the influence of retail investors but also a reaction to broader shifts in global politics, emphasizing the volatility of the market.

'Gamestop Effect': Retail Traders Seen Behind Eutelsat's 650% Surge Δ1.76

Eutelsat's shares have surged nearly 650% over four days, driven by a rally reminiscent of the Gamestop phenomenon, largely fueled by retail traders targeting this heavily shorted stock. The surge in stock price has been linked to speculation that Eutelsat could replace Starlink in providing internet access to Ukraine, igniting a fresh wave of investor interest. Despite this meteoric rise, analysts caution that the fundamental challenges facing Eutelsat remain, including significant investment needs and a recent downgrade in its credit rating.

Europe Needs ‘Coalition of Willing’ for Ukraine Δ1.76

A coalition of European countries willing to provide Ukraine with security guarantees after any US-brokered ceasefire is necessary, according to UK Prime Minister Keir Starmer. This approach would involve a group of willing nations working together on a plan to stop the fighting in Ukraine. The proposal aims to rapidly ramp up defense spending and maintain momentum for Ukrainian support.

Ukraine Can Hold Out on Frontline, Kyiv Says After Trump's Military Aid Pause Δ1.75

Ukraine has maintained its ability to supply its front lines despite the U.S. pause in military aid, while President Zelenskiy remains silent on the issue. The aid freeze has sparked tensions between Washington and Kyiv, with the Kremlin saying it is a step towards peace. Ukraine's military capabilities have been bolstered by EU and other international support since the start of the conflict.

Europe Seeks to Broker Peace in Ukraine — and Between Trump and Kyiv After the White House Fiasco Δ1.75

European leaders are gathering to bolster support for Ukraine and build bridges between Kyiv and Washington following a public attack on Ukrainian President Volodymyr Zelenskyy at the Oval Office. European allies have presented their own peacekeeping plans for Ukraine, aiming to position the region as a mediator in future peace talks. The U.S. has been largely sidelined in such discussions, with tensions between Washington and Kyiv rising to a boiling point.

Thales Warns Governments over Reliance on Starlink-Type Systems Δ1.75

Thales CEO Patrice Caine has highlighted the risks of relying too heavily on private satellite constellations, specifically Starlink, citing frequent renewal of satellites and questions over profitability. This warning comes as European governments increasingly turn to space-based services for government links, with many backing systems that are more directly controlled by the state. The reliance on outside services raises concerns about reliability, visibility, and stability.

UK's Starmer Tries to Revive Hope for Ukraine Peace at Summit Δ1.75

British Prime Minister Keir Starmer is set to meet with Ukrainian President Volodymyr Zelenskiy and other Western leaders in an effort to restore optimism for peace in Ukraine following a contentious exchange with U.S. President Donald Trump. Starmer aims to strengthen European support for Ukraine by pledging "unwavering support" and encouraging the provision of weapons and financial assistance, while also positioning Britain as a bridge between Europe and the U.S. This summit arrives at a critical juncture in the ongoing conflict, as European leaders seek to unify their approach and ensure a lasting peace with security guarantees for Ukraine.

Euro Rebounds From 2-1/2-Week Low, Ukraine and Defence Spending in Focus Δ1.75

The euro rebounded as EU leaders drew up a Ukraine peace plan, which may boost future growth and support the currency. A likely increase in fiscal spending by euro zone countries could provide some boost to future growth, supporting the currency. The renewed push for peace in Ukraine and possible increase in defence spending are monitoring closely by investors.

Ukraine's Fate Hangs in the Balance as Europe Relying on US Power Δ1.75

Europeans back Ukrainian leader but urge him to mend ties with Donald Trump. The EU and its member states are deeply dependent on the US president for Ukraine peace and security, acknowledging that their power is vastly inferior to that of the US. This reality forces Europeans to scramble for increased defense spending and take more responsibility for their own security, despite recognizing the need for continued US engagement.

Europe's Independence in Space Depends on the Success of Ariane 6 Δ1.75

The success of Europe's Ariane 6 rocket marks a significant achievement for the European space program, as it demonstrates the continent's ability to develop and launch its own heavy-lift vehicle. This capability is crucial for ensuring European independence in space, particularly given concerns about US policy shifts under the Trump administration. The recent reversal of US support for Ukraine has sparked worries among European leaders about the reliability of their security partnerships.

France Offering Intelligence to Ukraine Amid Washington Suspension Δ1.74

France is offering intelligence to Ukraine, Defence Minister Sebastien Lecornu said on Thursday, a day after Washington said it was suspending intelligence sharing with Kyiv. This move reflects France's efforts to maintain pressure on Ukraine and its President Volodymyr Zelenskiy amidst the ongoing conflict. The decision also highlights the evolving nature of international relations between European powers and their respective roles in global security.

Europe's Ariane 6 Deploys Spy Satellite in First Full Mission Δ1.74

Europe's Ariane 6 rocket has successfully completed its inaugural operational launch by deploying a French military reconnaissance satellite, marking a significant step towards enhancing the continent's autonomous access to space. This mission comes amid increasing geopolitical tensions and a strategic shift away from reliance on U.S. launch providers, particularly following the retirement of the Ariane 5 rocket and the war in Ukraine disrupting ties with Russian counterparts. The successful deployment symbolizes not only a technical achievement but also a crucial move for Europe to assert its sovereignty in military and commercial space endeavors.

US Government Revokes some Access to Satellite Imagery for Ukraine Δ1.74

Maxar Technologies, a U.S. aerospace firm, has disabled Ukrainian users' access to satellite imagery on one U.S. government platform amid the suspension of intelligence sharing with Kyiv by President Donald Trump's administration. This move follows a temporary suspension of access to commercial satellite imagery collected by the United States, as part of the administration's directive on support to Ukraine. The action is seen as a response to pressure on Ukrainian President Volodymyr Zelenskiy's government to cooperate with peace talks with Russia.

Increased Power for Musk's Starlink Raises Concerns Δ1.74

The US Federal Communications Commission has approved higher power levels for Elon Musk's SpaceX Starlink service, despite objections from rival companies AT&T and Verizon. The decision allows Starlink to operate a direct-to-cell service with T-Mobile at higher power levels, which could result in harmful interference and impact their service in some areas. The FCC has set conditions to protect terrestrial wireless carrier operations.

EU Leaders to Back Defence Surge, Support Zelenskiy After US Aid Freeze Δ1.74

European leaders are set to endorse significant increases in defence spending and express unwavering support for Ukraine at an upcoming summit, following concerns over U.S. military aid under Donald Trump's administration. The meeting will feature Ukrainian President Volodymyr Zelenskiy, although Hungary's potential veto could complicate the endorsement of a joint statement supporting Kyiv. This shift in European defence strategy is driven by heightened fears of Russian aggression and a desire for greater autonomy in security matters amid uncertainty about U.S. commitments.

Turkey Ready to Send Troops to Ukraine if Necessary, Source Says Δ1.73

Turkey, with its second largest army in NATO after the United States, could contribute to a potential peacekeeping mission in Ukraine, a Turkish defence ministry source said on Wednesday. The source stated that discussions on a Turkish deployment remained conceptual and emphasized that initial deployments would involve non-combatant units to monitor a ceasefire. Turkey has maintained cordial relations with both Russia and Ukraine throughout their war, though it is historically a rival of Moscow.

Vietnam Pm Pledges Quick Licensing for Musk's Starlink, More Imports Δ1.73

Vietnam's Prime Minister Pham Minh Chinh said the government wanted to rapidly issue a licence for Elon Musk's Starlink to provide satellite internet in the country under a pilot scheme, aiming to address trade surplus concerns with the U.S. and bolster its economic growth. The Vietnamese government is seeking to rebalance its trade surplus with the U.S., which has contributed to a record trade surplus last year, making the Southeast Asian nation vulnerable to reciprocal tariffs. Chinh's comments came during meetings with nearly 40 U.S. businesses in Hanoi, where he also discussed measures to reduce the country's commercial surplus.