Eutelsat Appoints New CEO Amid European Satellite Rivalry
Monday, May 5, 2025, 5:20 am
Eutelsat has undergone a leadership change with the appointment of Jean-François Fallacher as its new CEO. The move comes as the company faces mounting debt and intensifying competition from emerging satellite rivals in Europe, prompting a strategic reshuffle to secure its future in a challenging market.
Eutelsat now faces challenges, including nearly €2.4 billion (US$2.72 billion) in debt due within four years
Fallacher will join Eutelsat from Orange, amid growing interest within the EU for alternative satellite systems to Starlink.
permalink / 2 stories from sources in 9 hours ago #space #business #aerospace #europe
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