InfraOrbitThe capital behind space.
InfraOrbit register · 2015 to 2026

France space financing

4 space financings involving France since 2015, and 2 investment and M&A deals, each with its terms and primary sources.

Randeep Bubbra | Lawyer | Making space financeable

4Financings on file
US$4.5bnFunded volume (US$ eq.)
2Investments and M&A
US$1.7bnLargest financing
2015: US$0m152016: US$0m162017: US$0m172018: US$945m1812019: US$0m192020: US$0m202021: US$0m212022: US$0m222023: US$0m232024: US$649m2412025: US$0m252026: US$2.9bn263
France space financing: funded volume by year. US$bn equivalent at approximate annual average rates; contingent and unfunded programme commitments are excluded.

Largest financing

Eutelsat €1.5bn senior notes (5.75% 2031 and 6.25% 2033), 5 Mar 2026.

By type

TypeFinancingsFunded (US$)
Bond3US$3.3bn
Export credit1US$1.1bn

Banks and lenders named

Bpifrance (1).

Counts are financings on file where the bank or lender is named. All lenders.

Financings

Investments and M&A

DateDealTypeValue
12 Dec 2025Eutelsat €670m rights issueEquity raise€669.8m
21 Nov 2025Eutelsat €828m reserved capital increaseEquity raise€828m

Totals are US$ equivalents of funded deals at approximate annual average rates; programme-level and conditional commitments are listed but left out. Records come from public, primary sources. How the register is built.

Randeep Bubbra
InfraOrbit Weekly

The week in space finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing satellite operators, launch and space infrastructure. By Randeep Bubbra.

Working on a financing like this? Book 20 minutes with Randeep to see how it compares.

Newsletters

Weekly, one email. Work email only. Unsubscribe any time. Privacy.