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Europe’s $3.1B satellite merger won’t rival Musk’s Starlink

The Next Web Thursday, 5 June 2025 ()
Europe’s $3.1B satellite merger won’t rival Musk’s StarlinkTwo satellite heavyweights are about to form a European rival to Starlink. But they’ll face an uphill battle to compete with Elon Musk’s firm. Luxembourg-based SES’ proposed $3.1bn takeover of Intelsat is set to get the green light from EU officials, Reuters reports. A final verdict is expected by June 10.   SES first announced plans to acquire Luxembourgish-American rival Intelsat in April 2024, calling it a “transformational merger” that could reshape the satellite internet market. The merged company would have a fleet of more than 100 geostationary and 26 medium Earth orbit satellites. Intelsat would contribute 75 of those probes,…

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News video: Ukraine’s ‘Spiderweb’ Drone Blitz Obliterate Russian Bombers; Satellite Images Expose Devastation

Ukraine’s ‘Spiderweb’ Drone Blitz Obliterate Russian Bombers; Satellite Images Expose Devastation 03:36

Ukraine’s daring long-range drone offensive—code-named “Operation Spiderweb”—has reportedly devastated key Russian airbases deep inside Siberia, with newly released satellite images confirming significant damage. The attack, likened by pro-Kremlin voices to Pearl Harbor, targeted at least...

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