House of Commons · Written Ministerial Statement
UK/France Space Collaboration
10 July 2025 · Department for Science, Innovation and Technology
Proposed by Peter Kyle Lab Hove and Portslade
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- UK Government is investing 163 million in Eutelsat Group as part of its capital increase.
- The total capital increase for Eutelsat reaches 1.5 billion with this investment.
- The investment supports strategic collaboration between the UK and France for satellite connectivity.
Issue summary
The statement addresses the UK's investment in Eutelsat Group's capital increase.
Action requested
The Government is investing €163 million in Eutelsat, taking the total capital increase to €1.5 billion as part of strategic collaboration between the UK and France for satellite connectivity.
Key facts
- The Government will invest €163 million in Eutelsat Group's capital increase.
- The total capital increase is €1.5bn.
- The investment was announced at the UK-France Summit.
- The UK retains a 10.89% shareholding in Eutelsat Group.
- The company will extend its low Earth orbit services.
- The investment supports strategic security and resilience benefits, as well as opportunities for the growth of the UK space sector.
▸
Assessment & feedback
Summary accuracy