A European Starlink rival's shares skyrocketed 390% in a week — here's why
www.cnbc.com
Shares of French satellite operator Eutelsat gained over 550% in a three-day rally last week.
    • DoPeopleLookHere@sh.itjust.worksEnglish
      42·
      5 months ago

      Because building space ports and rocket launches have 0 impact as well.

      But you acknowledge this, so what’s your point? Why pay a techno billionaire when we can publicly fund cables way cheaper and more friendly?

        • DoPeopleLookHere@sh.itjust.worksEnglish
          2·
          5 months ago

          It’s has its place for sure.

          But the physics are far more against satalite.

          But the reason I don’t believe in large scale satalite systems for consumers is because they’re disposable. They all fall down or contribute to the growing space junk problem.

          So it’s not really any better at the end of the day than just burying a fibre cable for 40 years.

        • Dr. Moose@lemmy.worldEnglish
          1·
          5 months ago

          How are satellites better if they will never be faster? Do we just accept life in 300ms latency? We will always need better communication so it makes no sense to invest into inferior product even if it’s more accessible currently.

          Unless quantum communication becomes real thing nothing will match fiber and cell towers in the foreseeable future.

          Sat is a fringe technology for war and extreme remote areas, everything else is already solved.