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Eutelsat, a European satellite operator, announced that its third-quarter revenue has met market forecasts. This result is attributed to the company’s low Earth orbit (LEO) internet business, which provided substantial growth and helped counteract a decline in its traditional video services. Investors remain keenly interested in when LEO gains will entirely offset Eutelsat’s legacy broadcast losses, especially following its recent $3.4 billion acquisition of OneWeb. Google has revealed that it is in discussions with Elon Musk’s SpaceX and other companies for Project Suncatcher, an ambitious plan to create an orbital data center. This project aims to establish solar-powered satellites integrated…
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