this post was submitted on 12 Mar 2025
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They have both GEO and LEO satellites. Not on the scale of Starlink (for LEO), but they do have a network.
I am not commenting on the nature of the stock market or anything like that. Just pointing out that they do have a working network, it's not 100% speculation (like you see with crypto schemes).
You're correct but their LEO constellation is over 10x smaller than Starlink, so they've still got a lot of catching up to do.
They are doing much better than other fabled starlink competitors though, like amazon kuiper which is still not a real thing after all this time.
They have one strong competitive advantage that Starlink will never have; they are not American.
By definition, you cannot trust an American service. Even if the people who run a given service are not degenerates, there are enough degenerates in the US that they could elect a degenerate who will fuck you over.
They have very, very different business models. Constellation size is meaningless on its own, you have to account for the satellites capabilities, orbits, and the number and needs of your customers.
That's true and I even thought about trying to investigate one of their satellites bandwidth capabilities versus one starlink satellite before I commented. But ultimately it doesn't really matter because we're talking about them being a rival to starlink so In the context of this conversation, they need to match their capacity and capabilities in all aspects to be a worthy rival.
Alphane_Moon just convinced me to take out a huge loan with my house as security, and invest in Eutelsat. I suggest everyone else does the same.