Negative impactEconomy
Ukraine seeks Starlink alternative after Musk's satellite disruptions: What Nokia and ICEYE are building?
Mint 45 min ago·24 Oct 2026, 4:57 am
Ukraine’s defence forces rely heavily on satellite links for drone operations, but recent service restrictions imposed by SpaceX disrupted those connections, prompting Kyiv to seek a more reliable alternative.
Nokia and ICEYE are teaming up to offer a home‑grown satellite communications system that would give Ukraine direct control over its connectivity, combining Nokia’s telecom infrastructure with ICEYE’s low‑earth‑orbit imaging satellites, thereby reducing dependence on a single foreign provider.
For investors, the development underscores rising demand for secure, sovereign satellite services and could benefit European aerospace and telecom companies. Key points to monitor include the finalisation of contracts, regulatory approvals and any further geopolitical actions that might affect SpaceX’s market position.
Excerpt from Mint
Days after Ukraine reported restrictions on its access to Starlink and Starshield satellite internet services provided by US billionaire Elon Musk’s SpaceX , causing fast-moving drones to disconnect, Kyiv is now partnering with the Finnish companies Nokia and ICEYE to develop new defence and satellite communications…Read the original at Mint
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