Eutelsat and OneWeb close merger

Eutelsat and OneWeb have completed their merger transaction, creating a new Eutelsat Group.
The closure of the deal feels like it has been a long time coming, but when the two satellite firms announced their plans in July last year they were shooting for the end of 2023, so clearly it has all gone like clockwork…or as the companies expected, at least.
The all-stock merger effectively makes Eutelsat OneWeb’s new owner. The new Eutelsat Group will retain its Paris HQ, while London-bas