• Alphane Moon@lemmy.world
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    11 hours ago

    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).

    • Zetta@mander.xyz
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      11 hours ago

      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.

      • Alphane Moon@lemmy.world
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        11 hours ago

        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.

    • neidu3@sh.itjust.works
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      9 hours ago

      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.