Eutelsat–OneWeb merger (2023)
Eutelsat, a French geostationary satellite operator, agreed to merge with OneWeb, a low-Earth-orbit broadband constellation backed by the UK government. The deal combined a mature GEO operator with a LEO startup to compete with Starlink.
The merger closed in September 2024 after European regulators approved it.
It became a template for satellite industry consolidation and vertical integration, showing that GEO-LEO combinations can pass regulatory review.
Rocket Lab's purchase of Iridium is a similar vertical integration bet, uniting a launch provider with an operating constellation.
