Up in the sky, the race to connect Ukraine via satellite is intensifying. Eutelsat, a European satellite operator, has surged more than 370% in stock value in the last week. This meteoric rise came following European satellite operator’s negotiations with the European Commission, coupled with the heightened tensions in the White House between former US President Donald Trump and Ukrainian President Volodymyr Zelenskyy. The conflict has sparked significant interest in the satellite satellite market, particularly for service providers and competitors of Starlink, an initiative led by entrepreneur Elon Musk.

Eutelsat is a company that can win Europe and serve Ukraine as it deserves

Eutelsat, a french British based company, has invested heavily in improving its strategic asset: OneWeb. This project is a constellation of 650 which sits in low orbit satellites.This project aims to provide broadband capabilities and internet connectivity to remote locations around the world, including Ukraine. Following a July 2023 merger between Eutelsat and OneWeb, this proved significant to low earth orbit’s sky.
OneWeb currently provides an essential market alternative to America’s SpaceX’s Starlink, which has 7,000 satellites in low Earth orbit. Eutelsat’s skills and OneWeb could potentially offer similar, if not better, deliverable services, even being more tech-friendly from the point of view of European users and IT professionals.
The company also hopes to avoid future supply chain issues and geopolitical tensions that could disrupt services, but also are determined to adapt to the growing needs of the Ukraine war.

Goldberg, Sachs analysts advise a neutral prognosis, considering the potential for government support. Relevant positions launch up to stake. The prognosis suggest significant rise in the strategy of defense expense.