Eutelsat’s Strategic Ambitions Face a Financial Hurdle

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While the satellite operator Eutelsat is accelerating the expansion of its OneWeb constellation, a recent financial setback has introduced new questions about funding stability. The company must now navigate its ambitious growth plans without a significant, previously anticipated cash infusion.

In a surprising development last week, Eutelsat announced the termination of a major deal. The planned sale of its passive ground infrastructure to the investment firm EQT has fallen through. According to a late-January statement from the company, the necessary conditions for closing the transaction were not met. This failure directly impacts the company’s financial roadmap, as the sale was expected to generate net proceeds of approximately 550 million euros.