France finds cash for ‘strategic asset’ satellite firm Eutelsat
Paris: France made a new bet on its tech sovereignty Thursday by announcing a major investment in Eutelsat, part of a wider capital increase announced by the Starlink competitor and President Emmanuel Macron’s office.
“The race is on. That’s why we have to take a position now and invest now. Otherwise, the whole market will be occupied and France and Europe will depend on other powers in future,” Macron’s office told AFP.
