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Are there any european companies riding the current wave of trying to build satellite internet? Or is it US only?

I think China is also looking at building a starlink-type network, although I don't have a link on hand.

OneWeb are partnered with Airbus although post-brexit they are no longer headquartered within EU (London and other cities around the world).

SES, an EU firm, is developing a medium earth orbit satellite network and would be well positioned to develop a LEO network.