Eutelsat Sees US Demand Amid SpaceX Competition

By EC Assets · Published 27 April 2026 · Updated 28 May 2026

Eutelsat CEO Eva sustained demand for the company's services in the United States. This demand persists despite efforts by SpaceX to limit the influence of European satellite service providers. Eutelsat is actively working to supplant Starlink in Ukraine. Eutelsat has taken steps to expand into the low-Earth orbit (LEO) satellite internet market. The company is merging with OneWeb to create a unified LEO-geostationary orbit (GEO) operator. This merger aims to form a European competitor to Starlink. France supports Eutelsat in this endeavor, hoping it will become a European alternative to Starlink. The combined Eutelsat-OneWeb entity will be tested against Starlink. France’s CMA CGM shipping fleet will conduct this comparison. Eutelsat has significant progress in discussions regarding replacing Starlink's services in Ukraine. The company's shares have tripled in value, with the CEO stating confidence in Eutelsat's ability to provide services in Ukraine. The European Union has a strategic interest in developing its own secure satellite broadband independent of non-European providers. Europe's dependence on American companies for satellite internet connectivity has been a concern for some time. Eutelsat's efforts are part of a broader European initiative to secure its digital infrastructure. Market participants will monitor the progress of Eutelsat's merger with OneWeb. The performance of the combined entity in trials and its expansion into new markets, particularly in Ukraine, will also be closely watched. This article is intended for informational purposes only. It does not constitute investment advice.