(Reuters) – Franco-British satellite operator Eutelsat is committed to delivering services to strengthen Europe’s autonomy in space-based connectivity as it continues to supply internet access to war-torn Ukraine, it said on Monday.
“We have deployed and continue to operate hundreds of terminals across Ukraine and the Black Sea, reinforcing Europe’s commitment to Ukraine’s digital resilience,” a Eutelsat spokesperson said in an emailed statement to Reuters.
Eutelsat’s shares soared 31% by 1347 GMT amid a wider rally of Europe’s defence stocks, as investors bet on prospects of rising European demand for its OneWeb satellites.
(Reporting by Gianluca Lo Nostro and Michal Aleksandrowicz in Gdansk; Editing by Milla Nissi)
