Eutelsat Ground Segment to Be Stand-alone Business

Eutelsat expects to close in Q1 2026 on a partial sale of its passive ground infrastructure assets to a fund that EQT Partners investment firm manages, the satellite operator said Friday. Those assets would be incorporated into a stand-alone ground-station-as-a-service business, with EQT owning 80% and Eutelsat taking a 20% stake, it said. The ground station business would be operator neutral, it said. Eutelsat said proceeds from the $862 million deal would help finance its multi-orbit fleet.