Eutelsat Enters LEO Space through Investment in OneWeb

April 27, 2021 – Eutelsat Communications has entered into an agreement with OneWeb for the subscription of a c.24% equity stake, becoming a leading shareholder of the company alongside the UK Government and Bharti Global. Eutelsat will invest $550 million in OneWeb, with closing expected in H2 2021 subject to regulatory authorisations. Eutelsat’s investment leaves…