Recent discussions highlight tensions in the satellite market, where European satellite providers like Eutelsat and SES have seen stock increases following the European Commission's commitment to fund military access to EU-based services. This comes amid accusations of protectionism, particularly towards American companies, with suggestions that European firms should ramp up manufacturing in the US. Industry experts caution that, despite positive movements, no European network currently matches the capabilities of Starlink, reflecting ongoing challenges in the sector.
Shares in European satellite providers such as Eutelsat and SES soared in recent weeks despite the companies' heavy debts, in response to the commission saying that Brussels "should fund Ukrainian [military] access to services that can be provided by EU-based commercial providers."
Industry experts warned that despite the positivity, no single European network could yet compete with Starlink's offering.
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