ENXTPA:STMPASemiconductor
STMicroelectronics Targets $3b LEO Revenue As Starlink Deal Reshapes Story
STMicroelectronics (ENXTPA:STMPA) set a target of more than €3b in cumulative revenue from low Earth orbit satellite semiconductors between 2026 and 2028.
The company outlined a long term supply partnership with Starlink as a key pillar of this plan.
Management highlighted its current near 90% share in this segment and its focus on advanced chip technologies tailored to the fast growing space economy.
STMicroelectronics enters this new phase with strong share price momentum, with...