
Airtel partner Eutelsat names new chief; read current CEO Eva Berneke's message here
Eutelsat
has appointed
Orange
executive
Jean-Francois Fallacher
as its new CEO. Fallacher, 58, will be replacing the Franco-British
satellite communication
provider's current chief,
Eva Berneke
. Fallacher, who is a telecoms sector veteran and has led Orange's branches in Romania, Poland, Spain, and France over the past 15 years, is set to take over Eutelsat, which also shares a strategic partnership with Indian telecom giant
Airtel
, on June 1. The change reportedly comes as Eutelsat seeks to reduce Europe's dependency on Elon Musk's
Starlink
. Eutelsat also said that it needs more financing as Europe looks for home-grown satellite communication options for both commercial and defence purposes.
"It is a continuity appointment, not a rupture with the strategy, as the path is clearly traced and the new CEO is committed to build,"
a Eutelsat spokesperson said to the news agency Reuters.
Read what Eutelsat CEO Eva Berneke said about her exit from the company
The company's current CEO, Berneke, also took to the professional networking platform LinkedIn to share a message about her departure from Eutelsat.
Berneke wrote:
'Ensuring Eutelsat Groups future direction
Dear friends, colleagues and partners across the world.
This morning we announced that I will hand over the realms of Eutelsat to a new CEO, who will onboard the company starting 1 June.
Since I took over the CEO position in January 2022, the world has changed in many ways; Russia invaded Ukraine and put geopolitics on the radar for leaders and companies all over the world and the early morning attack on the Viasat satellite - on the day of the Russian invasion - placed SatComs, space and subsequently Eutelsat in the centre of it all.
The world has changed immensely and so has Eutelsat. We announced the merger with OneWeb in the summer of '22 and completed the merger the following year, creating the first LEO-GEO player in the SatCom industry and the only operational LEO constellation operator besides Starlink in the US. New steps were taken in 2024 when Eutelsat joined forces with 2 other operators and won the significant 10,6Bn Euro IRIS2 contract with the EU with the objective of developing a European Souverain space connectivity capacity and ensuring that Europe remain sovereign and independent – also in Space. In parallel with all of this; Eutelsat's GEO Tech teams managed no less than 5 GEO launches. And last but not least, we partially divested our passive ground infrastructure and welcomed EQT as new investor, and jointly we are now on track to create the world's first satellite antenna company.
So looking to the future; Eutelsat is set for a full alignment with a world where Europe is a strong souverain space player and strongly aligned with the telecom connectivity ecosystem. So with Eutelsat's strategy anchored in the IRIS2 and European souverain future, we look to adjust our governance and shareholder structure, and this has paved the way for our CEO succession, which will unfold during the next month. Jean-Francois Fallacher will join as Eutelsat's new CEO on June 1, and I will make sure he gets onboarded with our fantastic teams, our cherished customers, strategic suppliers and regulatory partners.
I hope that you will be as welcoming and friendly to him as you have been to me during the past years and this says a lot! Bringing Eutelsat into a new future has been an immense challenge but first and foremost a great privilege and pleasure and I have truly enjoyed being part of the global space family and steering Eutelsat into a new and very exciting future.
I will see you around, EVA'
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
20 minutes ago
- Time of India
Bullets, gunpowder gutted as fire hits Verna ammo company
Vasco: Bullets and gunpowder were gutted in a major fire that broke out at Hughes Precision Manufacturing Pvt Ltd, at IDC Verna early on Saturday. Verna fire station in charge Dilesh Gaonkar told TOI that the fire broke out around 4am, and the firefighters received a call from the headquarters about the accident around 4.10am. 'Live and spent bullets and gunpowder stored in one room of the company were destroyed by the flames,' Gaonkar said. 'Boxes containing ammunition turned to ashes, but luckily no casualties were reported.' He said that fire tenders were pressed into service from Verna, Vasco, Margao, and Panjim. 'According to the company's officials, CCTV cameras captured smoke coming out of the storage room,' Gaonkar said. 'The preliminary probe has suggested that a short circuit could be the reason for the massive fire.' Gaonkar said that the Verna fire station has asked the company to provide details on the materials gutted and the loss incurred in the fire. Sources said the loss could run into crores. The company supplies ammunition to the Indian defence forces. The fire tenders were deployed at the company site till late on Saturday. 'Although we succeeded in extinguishing the flames, we are monitoring the site,' Gaonkar said.


Time of India
35 minutes ago
- Time of India
I-T raid unearths gold smuggling and hawala transactions
Kozhikode: The Income Tax (I-T) department conducted searches at multiple premises of Seashell Savoury Group and Pulikkal Group in Kozhikode on Saturday allegedly revealing hawala transactions, reverse hawala, gold smuggling, unreported foreign investments, underreported land purchases in cash and other undisclosed financial activities. The I-T department said that the findings at multiple locations point to large-scale tax evasion and concealment of income and assets both in India and abroad. Search was conducted at the residential and business premises of Abdu Razakh Pulikkal, Rasheed Ali Pulikkal, Ahammed Kabeer Pulikkal. Details of foreign dividends received over the years were unearthed in the raid. "Clear evidence of the use of hawala channels to send money amassed abroad to India was uncovered. Undisclosed investments in several buildings, land, and illegal quarries/crushers were found," it said. Sales suppression over the years was quantified from the offices of Delicia Group. "Details of income from GCC region transferred to Indonesia for purchases were also uncovered," it said. Searches were also conducted at the residential premises of Hameed Narikolil, Kunhimoosa and their business premises. It says that the group has revenue from hotel businesses both in India and abroad. It operates more than 80 hotels in the GCC region, owned and managed by Indian residents but not disclosed for taxation in India.
&w=3840&q=100)

First Post
36 minutes ago
- First Post
FATF links dual-use equipment seized by India to Pakistan's missile programme
A dual use equipment seized by India from a Pakistan bound merchant vessel in 2020 is linked to Islamabad's National Development Complex that is involved in the country's missile development programme, a new report by the Financial Action Task Force has said. read more India's 2020 seizure of Pakistan-bound dual-use equipment has been linked to Islamabad's missile development programme, according to a new report by the Financial Action Task Force (FATF). The equipment, intercepted from a merchant vessel is associated with Pakistan's National Development Complex, a key entity involved in the country's missile development. FATF, the global financial watchdog, referenced the case in its latest report, which outlines risks and vulnerabilities in the international financial and trade systems. The incident was cited under a section highlighting the misuse of the maritime and shipping sectors to move sensitive goods, including dual-use items that can be repurposed for weapons programmes. STORY CONTINUES BELOW THIS AD 'In 2020, Indian custom authorities seized an Asian-flagged ship bound for Pakistan. During an investigation, Indian authorities confirmed that documents mis-declared the shipment's dual-use items,' the FATF report said. 'Indian investigators certified the items for shipment to be 'Autoclaves', which are used for sensitive high energy materials and for insulation and chemical coating of missile motors,' the report said. It said these sensitive items are included in dual-use export control lists of the Missile Technology Control Regime (MTCR). The bill of lading of the seized cargo provided evidence of the 'link between the importer and the National Development Complex, which is involved in the development of long-range ballistic missiles,' it said. The export of equipment such as the autoclaves without formal approval from various authorities is a violation of existing law, the FATF said. Pakistan's National Development Complex (NDC) has played a crucial role in the development of Pakistan's missile programme. India had seized the dual-use equipment from merchant vessel Da Cui Yun at Kandla port in Gujarat on February 3, 2020. The Indian customs authorities had stopped the vessel for wrongly declaring an autoclave, which can be used in construction of missiles, as an 'industrial dryer'. The report said that significant vulnerabilities remain across the global financial system in countering the financing of weapons of mass destruction (WMD). STORY CONTINUES BELOW THIS AD 'Despite the grave threat posed by proliferation financing (PF), only 16 per cent of countries assessed by the FATF and its global network have demonstrated high or substantial effectiveness' in a process that evaluates the implementation of targeted financial sanctions under the United Nations Security Council resolutions on proliferation. The report said that unless the public and private sectors urgently bolster technical compliance and effectiveness, those seeking to finance WMD proliferation will continue to exploit weaknesses in existing controls. The report provided a detailed analysis of the evolving methods and techniques used to evade PF-related sanctions. 'Illicit actors are employing increasingly sophisticated methods to evade sanctions and circumvent export controls,' it said. With inputs from agencies