Eutelsat Secures Major Fleet Contract Amid Strategic Shifts

The Eutelsat Group has announced a significant operational win, providing a positive counterpoint to recent regulatory challenges. The satellite operator has signed a major agreement to equip the maritime fleet of its anchor shareholder, the global logistics firm CMA CGM, with connectivity from its OneWeb network. This deal is set to bolster Eutelsat’s technical market standing and secure crucial operational cash flow during a period of financial pressure.

This contract represents the industrial extension of a deep financial relationship. CMA CGM has served as a cornerstone investor in Eutelsat since 2022 and recently reinforced this commitment. As part of Eutelsat’s broader recapitalization effort, the logistics group contributed over €100 million to Read more...