Eutelsat Shares Retreat as Investors Weigh Major Satellite Costs

Initial investor enthusiasm for Eutelsat’s strategic expansion has cooled, giving way to concerns over the financial implications of a massive new order. The French satellite operator’s stock price corrected to approximately €2.20 in recent trading, marking a single-day decline of around 4%. This pullback represents a partial profit-taking move following earlier gains spurred by the company’s announcement.

The shift in market mood stems from the scale of a recently unveiled fleet modernization plan. Eutelsat has commissioned Airbus Defence and Space to construct 340 new Low Earth Orbit (LEO) satellites. This order, combined with a prior agreement from December 2024, brings the total package to 440 spacecraft. The satellites are slated for deployment starting in Read more...