Macron calls for a space boom: Eutelsat as a European pioneer!

Macron calls for a space boom: Eutelsat as a European pioneer!

At the Paris Air Show on June 20, 2025, French President Emmanuel Macron made a strong call for increased European investment in space. He emphasized the strategic importance of the sector and prioritized the creation of a unified European satellite manufacturer. In his widely watched speech, Macron called for accelerated satellite deployment and presented a new space strategy for France that placed particular emphasis on rocket launches and satellite manufacturing.

In this context, France has taken control of the satellite operator Eutelsat, created by the merger of Eutelsat and OneWeb in 2023. Eutelsat is now the first fully integrated GEO-LEO satellite operator, with an impressive fleet of 35 geostationary (GEO) satellites and more than 600 low Earth orbit (LEO) satellites. The company's services serve several key areas, including video, mobile connectivity, fixed connectivity and government services.

Strategic dimension of space travel

Macron described space as the next "test of strength" and underlined the urgent need for Europe to remain competitive in this area. The President noted that the challenge ahead has not only technological, but also economic and political dimensions. In this context, he calls for increased efforts in the area of ​​Starlink-like services in order to ensure a holistic solution for European satellite services.

Eutelsat Communications, as a leading provider of satellite communications, has become a significant player in the market with the merger. The company reaches a broad customer base with its integrated solutions and distributes more than 6,500 television channels, underscoring its central role in the global communications infrastructure. These developments are part of the larger strategy that France and Europe are pursuing in the space sector.

Financial outlook and market position

The average price target for Eutelsat shares is currently EUR 2.872, which corresponds to an increase of +1.13%. Eutelsat would therefore have not only technological but also financial stability as a decisive factor in being able to survive in international competition. The merger with OneWeb represents an important step in expanding and consolidating the European presence in the field of satellite communications.

Going forward, it is crucial that Europe – and France in particular – takes proactive measures to successfully address the challenges and opportunities associated with the globalization of space. Macron’s demands have the potential to sustainably strengthen the European space sector and significantly promote innovation and competitiveness.