EU project to rival Starlink must meet buyer expectations, Eutelsat CEO says

robot
Abstract generation in progress

EU project to rival Starlink must meet buyer expectations, Eutelsat CEO says

FILE PHOTO: Starlink satellites launch from Cape Canaveral · Reuters

Gianluca Lo Nostro and Maria Rugamer

Fri, February 13, 2026 at 7:39 PM GMT+9 2 min read

In this article:

DTEGF

+2.89%

AMZN

-2.25%

By Gianluca Lo Nostro and Maria Rugamer

PARIS, Feb 13 (Reuters) - Eutelsat said on Friday that Europe’s planned IRIS2 satellite network must meet customer ‌expectations in terms of pricing and performance to attract buyers, following ‌remarks from major telecoms companies about the project’s commercial appeal.

Eutelsat CEO Jean‑François Fallacher told reporters that ​comments made by Orange and Deutsche Telekom reflected what he was hearing across the market.

“In my opinion, customers are expecting competitive services and competitive prices,” he said.

Executives from Orange and Telekom, subcontractors in the consortium building IRIS2, said at an industry event ‌in January that the ⁠European Union programme would have to deliver performances close to Elon Musk’s Starlink and Amazon’s LEO.

Both operators told Reuters they fully ⁠support the IRIS2 constellation, which is expected to start operating around 2029.

Orange said a European system must be competitive with Starlink and Amazon’s planned low Earth orbit network, ​and that ​Europe should avoid fragmentation by aligning efforts ​behind a single solution.

Telekom said ‌customers would ultimately choose based on performance, security and cost, and that IRIS2 was being developed to meet those expectations.

Fallacher said the IRIS2 project, which has a budget of about 10.6 billion euros ($12.6 billion), was being designed to deliver competitive services. He described the cost as significant but appropriate for a system of ‌that scale.

Eutelsat plans to launch its next-generation OneWeb ​satellites along with IRIS2 after 2030, Fallacher added.

OneWeb’s ​second‑generation satellites are meant to ​be far more advanced than the current network, set to ‌be replenished with slightly updated versions.

But despite ​an early lead ​in serving polar regions, the first‑generation fleet of 600 currently in service is based on technology designed a decade ago.

U.S. rivals Starlink - whose network ​already reaches 9,000 satellites - and ‌Amazon are moving ahead with plans to deploy thousands of newer ​satellites.

($1 = 0.8430 euros)

(Reporting by Gianluca Lo Nostro in Paris and Maria ​Rugamer in Gdansk; Editing by Milla Nissi-Prussak)

Condiciones y Política de privacidad

Privacy Dashboard

More Info

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin