Recent #OneWeb news in the semiconductor industry

3 months ago

➀ The UK government invests €90 million in Eutelsat's €1.5 billion capital raise, joining France's APE and other investors to boost satellite communications capabilities;

➀ Post-transaction, the UK will hold a 10.89% stake in Eutelsat, reinforcing its commitment to space as a strategic asset for economic growth (£364 billion annual impact) and national security;

➂ Eutelsat CEO highlights the UK's historical role in OneWeb (acquired in 2022), emphasizing collaboration in Low Earth Orbit technology and sovereign control over critical infrastructure.

EutelsatOneWeb
over 1 year ago
1. The penetration rate of LEO satellite services is increasing, encouraging component manufacturers to join the supply chains of Starlink and OneWeb. 2. The global satellite market is expected to grow from $283 billion in 2021 to $357 billion by 2025. 3. Starlink produces key components in-house, while OneWeb outsources to regional manufacturers, allowing more companies to enter the LEO satellite market.
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