Science Sector Updates: Satellite Deals, Underwater Forest Dangers, and Space Advancements
Major developments in the science sector include Eutelsat's significant satellite agreement with the French military, the environmental threats facing Chile’s underwater forests from human activity, and Hindustan Aeronautics Ltd's success in securing a substantial contract for producing India's small satellite launch vehicles.
Eutelsat, a French satellite operator, experienced a 10% surge in its share value following the announcement of a lucrative 10-year contract with the French armed forces. Valued at 1 billion euros, this deal ensures the military's priority access to OneWeb satellites alongside dedicated operational and security support.
Chile's rich underwater forests face existential threats as mining activities and rising sea temperatures endanger this essential marine ecosystem. These aquatic landscapes not only support local economies and wildlife but also contribute significantly to global carbon capture efforts, raising concerns among scientists about their future viability.
Hindustan Aeronautics Ltd (HAL), India's state-run aerospace manufacturer, has secured a pivotal role in the country's burgeoning space sector. Winning a competitive bid worth 5.11 billion rupees, HAL is set to produce small satellite launch vehicles, marking a significant step towards increasing private sector involvement in India's space endeavors.
(With inputs from agencies.)

