Eutelsat News & Analysis

Eutelsat Shares Surge 18% as Starlink Faces Criticism

Shares of Eutelsat, a French satellite company, increased by 17.7% this week as SpaceX's Starshield faced criticism for limiting Ukraine's military access to its systems. The restrictions have been said to curtail Ukraine's defense capabilities against Russian attacks, leading to criticisms from Ukrainian President Volodymyr Zelenskyy and others. In the wake of this controversy, Eutelsat is being viewed as a viable alternative to Starlink, leading to a rise in its stock price.