Eutelsat secured €1.35 billion in funding, with the French government investing €717 million to become the largest shareholder with nearly 30% ownership. This major state involvement aims to strengthen Eutelsat's position against the US giant Starlink, potentially driving medium-term growth for the company. The national strategic interest behind this move supports cautious optimism for the stock.

Eutelsat has confirmed the continuation of its strategic collaboration with Multimedios Televisión, securing access to the C-band via its 117 West A satellite. This move ensures stability in a dynamic Latin American market. The announcement reassures investors about Eutelsat's ability to maintain long-term partnerships in promising geographic regions and partially explains the stock's recent notable 8.78% gain. Given this strong commercial visibility, a medium-term buy recommendation is justified.

The article highlights Eutelsat's ambitious OneWeb constellation challenge to capture government and enterprise markets, despite fierce competition from American giants Starlink and Kuiper. The recent sharp 4.73% drop likely reflects investor concerns over intense competitive pressure and doubts about Eutelsat's ability to establish a lasting position. This trend calls for short-term caution.