Connect with us

Latest News

Eutelsat Launches First Satellites with SpaceX Following Merger with OneWeb!

Published

on

Eutelsat Launches First Satellites with SpaceX Following Merger with OneWeb!,Startup Stories,Startup Stories India,Latest Technology News and Updates,2024 Technology News,Tech News,Eutelsat uses SpaceX rocket,Eutelsat launches first satellite,Eutelsat uses SpaceX rocket to launch first satellite,Eutelsat,SpaceX launch,OneWeb merger,satellite communications,satellite launch news,Eutelsat satellites,SpaceX mission,broadband internet,global connectivity,telecommunications industry,satellite technology,Eutelsat OneWeb,launch partnership,future of satellite internet,SpaceX

Satellite operator Eutelsat successfully launched 20 satellites for its communications network on Sunday, October 20, marking the company’s first deployment since its merger with Britain’s OneWeb in September 2023. The launch utilized a SpaceX Falcon 9 rocket, which lifted off from California’s Vandenberg Space Force Base at 5:13 GMT.

Background of the Merger

As the world’s third-largest satellite operator by revenue, Paris-based Eutelsat now oversees more than 600 low-earth orbit (LEO) satellites, supporting a wide range of broadcasters, telecom providers, and radio stations. The merger with OneWeb was completed after gaining approval from Eutelsat’s shareholders in September 2023, creating a powerful entity capable of offering integrated geostationary (GEO) and LEO satellite services.

Statements from Leadership

“This is the first OneWeb satellite launch since our merger, and we plan to launch more over the next few years,” said Eva Berneke, CEO of Eutelsat. “We aim to integrate further into the telecom ecosystem. While satellites represent a smaller niche, they play a vital role in the broader connectivity landscape where telcos dominate.”

Strategic Market Expansion and India Focus

With a $4 billion order backlog, Eutelsat is positioning itself to capitalize on emerging markets like India and Saudi Arabia. India’s satellite services market is projected to grow at an annual rate of 36%, reaching $1.9 billion by 2030. However, regulatory delays have hindered international players, including Eutelsat and Elon Musk’s Starlink, from entering the Indian market.

“We have orders awaiting clearance in India,” Berneke noted. “Once the market opens, we’ll begin construction immediately.”

Potential Challenges

The regulatory landscape in India poses challenges for foreign companies looking to establish a foothold. The Indian government has strict guidelines regarding satellite operations, which can delay entry for companies like Eutelsat.

In-Flight Connectivity Plans

Eutelsat is also exploring new partnerships with aviation companies to offer in-flight connectivity, including onboard internet services. The company anticipates that these initiatives, along with market expansions, will contribute to revenue growth starting next year.

Importance of In-Flight Connectivity

The demand for reliable in-flight internet services has surged as airlines and passengers increasingly expect connectivity during flights. By tapping into this market, Eutelsat aims to diversify its revenue streams and enhance its service offerings.

Conclusion

This successful satellite launch represents a significant milestone for Eutelsat as it strengthens its position in the rapidly evolving global satellite communications market. The merger with OneWeb not only enhances Eutelsat’s capabilities but also positions it strategically to meet growing demands for connectivity across various sectors.

As Eutelsat navigates regulatory challenges and expands its service offerings, it will be crucial for the company to leverage its combined resources effectively. The focus on emerging markets and new technologies could pave the way for substantial growth in the coming years, making Eutelsat a key player in the future of satellite communications.

Continue Reading
Advertisement
3 Comments

3 Comments

  1. 100 USDT алу шн тркелу

    March 22, 2025 at 1:27 am

    Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.

  2. binance Register

    May 12, 2025 at 7:18 am

    Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?

  3. Ikbjxukq

    May 25, 2025 at 5:32 am

    Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplaycasino bonus.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Pune’s SuperGaming Secures $15M to Expand in Emerging Markets

Published

on

Super Gaming

SuperGaming, the Pune-based gaming innovator known for hit titles like MaskGun and Indus Battle Royale, has raised $15 million in a Series B funding round, boosting its valuation to an impressive $100 million. This marks a nearly fivefold increase from its 2021 valuation of $21 million, highlighting the company’s rapid growth and the rising investor confidence in India’s booming gaming industry. The funding reflects SuperGaming’s strong market presence and strategic vision to become a global leader in online gaming. 

The funding round was spearheaded by Skycatcher and Steadview Capital, with significant participation from notable international investors including a16z Speedrun, Bandai Namco O21 Fund, Neowiz, and prominent Web3 financiers such as Polygon Ventures and Sandeep Nailwal. Existing backers like AET Japan and BACE Capital also continued their support. SuperGaming aims to utilize this capital infusion to expand its footprint internationally, focusing on emerging markets. A key initiative includes launching its award-winning game, Indus Battle Royale, in Latin America through a partnership with LOUD.GG, alongside rolling out its proprietary SuperPlatform developed with Google Cloud to empower game developers worldwide, especially in resource-constrained regions. 

CEO and Co-Founder Roby John emphasized that this funding milestone is crucial in shifting India from merely a gaming consumer base to a hub for gaming innovation. By adopting a “hyper-local” strategy that tailors games to diverse cultures in underrepresented markets like the Middle East and Latin America, SuperGaming is poised for global growth. With over 200 million installs and an expanding user base, SuperGaming’s recent fundraising solidifies its position at the forefront of India’s gaming revolution, ready to make a major impact on the international stage.

Continue Reading

Latest News

Swiggy DeskEats: Office Food Delivery Launched in 30 Cities

Published

on

Swiggy

Swiggy, India’s leading online food delivery platform, has introduced DeskEats, a unique meal delivery service specifically designed for office-goers and working professionals across 30 major cities. DeskEats aims to streamline office dining by offering a diverse, office-friendly menu, making it easier than ever for corporate employees to enjoy convenient and delicious meals right at their workplace. By simply typing “Office” or “Work” in the Swiggy app, users can unlock curated collections like Value Combos, Stress Munchies, Healthy Nibbles, and Teamwork Bites, catering to every office dining scenario—from solo meals to team lunches and quick snack breaks.

Swiggy’s DeskEats is now operational in over 7,000 tech parks and business centers, granting office workers access to nearly 700,000 menu items from over 200,000 restaurants. This vast variety ensures there’s something for everyone, addressing the growing demand for quick, tasty, and nutritious food that fits seamlessly into the busy schedules of working professionals. Early trends from DeskEats’ pilot phase show a strong preference for easy-to-eat options like chicken popcorn in Bengaluru and garlic breadsticks in Gurugram, reflecting the popularity of meals tailored for the modern workday.

Expanding upon its Corporate Rewards Program, which is already trusted by thousands of organizations, Swiggy enables companies to enhance employee wellness programs by offering food delivery, groceries, and dining benefits efficiently. With DeskEats, Swiggy reaffirms its commitment to transforming workplace dining by prioritizing variety, convenience, and user satisfaction—cementing its position as a key player in the evolution of India’s office food culture.

Continue Reading

Latest News

Setu Builds Fintech Powerhouse Leadership Team as Pine Labs IPO Nears

Published

on

Pine Labs

Setu, the API infrastructure platform and subsidiary of Pine Labs, has significantly strengthened its leadership by appointing Prashanth Nimmagada (ex-Razorpay) as Chief Technology Officer, signaling its commitment to innovation in India’s dynamic fintech landscape. Alongside Nimmagada, Setu has welcomed other top industry talent: Vijeth Pandit (ex-Razorpay) as Chief Product Officer, Ramkumar Thirumurthi (ex-Razorpay, co-founder Actyv.ai) as Chief Revenue Officer, Nikhil Ratanpal (ex-PhonePe) as Director of Product Development, and Santosh Subramanian (ex-Yes Bank, Wibmo) as Head of Finance. These high-profile hires accompany Anand Raisinghani’s (ex-SAP India) appointment as CEO, underscoring Setu’s focus on building a strong, experienced leadership bench to drive future growth.

Setu specializes in providing API-based digital financial infrastructure for services such as UPI, bill payments, KYC, and digital signatures, while also operating as an RBI-licensed NBFC Account Aggregator. With this expanded leadership team—drawn from India’s leading fintechs—Setu is well-positioned to accelerate the development of scalable, API-driven financial solutions for banks, fintechs, and enterprises. The influx of expertise from Razorpay and PhonePe veterans will bolster Setu’s technical capabilities and strategic partnerships, ensuring it remains a key enabler in India’s rapidly maturing digital public infrastructure ecosystem.

This leadership overhaul comes as parent company Pine Labs prepares for a major IPO, aiming to raise ₹2,600 crore through a fresh share issue after turning profitable in FY25. Setu’s enhanced leadership reinforces the broader group’s ambitions for international expansion, technological innovation, and financial performance. As Setu solidifies its role at the forefront of India’s fintech evolution, the company is poised to deliver advanced financial infrastructure solutions that support the country’s growing digital economy and drive Pine Labs’ strategic momentum.

Continue Reading
Advertisement

Recent Posts

Advertisement