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Europe@feddit.deEnglish · 1 year ago

Germany blocks full Chinese takeover of satellite startup on national security grounds

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Germany blocks full Chinese takeover of satellite startup on national security grounds

0x815@feddit.de to

Europe@feddit.deEnglish · 1 year ago

Germany blocks full Chinese takeover of satellite startup

Germany has blocked a complete Chinese takeover of a satellite startup on national security grounds, sources close to the matter told AFP Thursday, as Berlin takes an increasingly hard line against Beijing.

The German tech company KLEO Connect aims to establish its own network of satellites in low Earth orbit that can provide internet to remote locations, hoping to rival Starlink.

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1 year ago
OneWeb is already in LEO, and is due to merge with Eutelsat this year.

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