By Gianluca Lo Nostro and Michal Aleksandrowicz (Reuters) -Shares in Eutelsat surged more than 60% on Tuesday, extending their gains after rising 68% a day before, as recent geopolitical developments raised the prospect of OneWeb satellites replacing Elon Musk's Starlink in Ukraine.

French satellite operator Eutelsat may become an analogue of Elon Musk's Starlink.Financial Times reported this.The company is negotiating with European

French satellite operator Eutelsat Communications SA said it is in talks with the European Union to replace Elon Musk's Starlink in Ukraine. The company has been operating in Ukraine for some time and is ready to completely replace the American Starlink in the next few months. This is reported by Bloomberg.

Franco-British satellite operator Eutelsat said on Monday it was committed to boosting Europe's autonomy in space-based connectivity and supplying internet access to war-torn Ukraine.

Franco-British satellite operator Eutelsat is committed to delivering services to strengthen Europe's autonomy in space-based connectivity as it continues to supply internet access to war-torn Ukraine,

Eutelsat is in talks with the European Union to supply additional internet access to Ukraine, it said on Tuesday, amid a two-day surge in its shares on the prospect that OneWeb satellites could replace Elon Musk's Starlink there.

Eutelsat, the French satellite operator that owns Starlink rival OneWeb, is negotiating with European governments to expand satellite connectivity in Ukraine. The company announced on March 4 that it is working with European institutions and business partners and has equipment ready for rapid deployment to support critical missions and