Eutelsat's High-Flying Deal & Chile's Underwater Forest Crisis

Eutelsat shares soared on Thursday by 10% following the announcement of a significant contract with the French armed forces. The 10-year deal, valued at 1 billion euros, will see Eutelsat providing satellite connectivity and operational maintenance, ensuring priority access to OneWeb satellites for military purposes.

Meanwhile, off the northern coast of Chile, underwater forests are experiencing existential threats from warming seas and pollution. These vibrant ecosystems, composed of towering red and green seaweed, offer much-needed resources like sustainable protein and carbon capture, crucial for both local biodiversity and global environmental stability.

Scientists highlight the dual role these forests play in ecological balance and sustainment of coastal economies. Yet, without immediate interventions, these vital underwater habitats risk diminishing due to human activities and environmental stresses.

(With inputs from agencies.)