• Alphane Moon@lemmy.world
    link
    fedilink
    English
    arrow-up
    58
    ·
    edit-2
    9 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
      link
      fedilink
      English
      arrow-up
      9
      ·
      9 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.

      • GrosPapatouf@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        17 minutes ago

        They have very, very different business models. Constellation size is meaningless on its own, you have to account for the satellites capabilities, orbits, and the number and needs of your customers.

      • Alphane Moon@lemmy.world
        link
        fedilink
        English
        arrow-up
        29
        ·
        9 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
      link
      fedilink
      English
      arrow-up
      5
      arrow-down
      6
      ·
      8 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.