Tag: SpaceRISE
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Eutelsat Secures French-Backed Financing to Expand OneWeb Satellite Constellation
European satellite communications operator Eutelsat has secured nearly €1 billion in government-backed financing from France to support the expansion of its OneWeb low-Earth-orbit broadband constellation, the company said. The €975 million agreement, announced on Feb. 11, is backed by the French Export Credit Agency and will fund a recently signed contract with Airbus Defence and…