Paris, July 10 -- The UK will invest Euro 163.3 million in Paris-headquartered satellite communications company Eutelsat, retaining a 10.89 per stake, a company statement said Thursday.

This additional investment commitment from the UK (The Secretary of State for Science, Innovation and Technology of the United Kingdom) will increase the total amount to be raised to Euro 1.5 billion, underpinning the execution of Eutelsat's long-term strategic vision.

The other investors in Eutelsat are France's Agence des Participations de l'Etat, Bharti Space Limited, CMA CGM, FSP, and others.

"Thanks to our British friends as they continue to follow us on the Eutelsat adventure! We're over the moon to keep going with you. Together we go further!" Fr...