Two Space Companies Change Their Plans

Introduction

Eutelsat and SES are two companies that use satellites. They have new financial reports. Now they want to work more with governments.

Main Body

Eutelsat makes more money from new satellites. They bought a company called OneWeb for 3.4 billion dollars. They make less money from TV because of problems with Russia. The French government and military give them money and contracts. SES made 847 million euros. They help airplanes have internet. They work with Boeing and Japan Airlines. They also have a long contract with the European Union until 2030.

Conclusion

Both companies want more government work. They want to stop losing money from old TV services.

Learning

💰 Money Words

In this story, we see three ways to talk about money. Let's look at them:

  • Make money → This means to earn or get money. (Example: SES made 847 million euros.)
  • Buy → To give money to get something. (Example: They bought a company.)
  • Lose money → When you spend more than you earn. (Example: Stop losing money from old TV services.)

🛠️ How to use "Want to"

When we talk about a plan or a desire, we use Want + To + Action.

The Pattern: Subjectwant toverb

From the text:

  • They want to work more with governments.
  • They want to stop losing money.

Try this at home:

  • I want to learn English.
  • I want to visit Japan.

Vocabulary Learning

companies (n.)
group of people who make or sell things
Example:The companies in the city are hiring many new workers.
satellites (n.)
devices that travel around the earth to send signals
Example:Satellites help us watch TV and use the internet.
money (n.)
paper or coins used to buy things
Example:She has enough money to buy a new phone.
government (n.)
people who run a country
Example:The government makes rules for everyone.
contracts (n.)
written agreements between people or companies
Example:They signed contracts to work together.
help (v.)
to give support or assistance
Example:He will help me with my homework.
internet (n.)
a global network of computers that share information
Example:We use the internet to watch videos.
stop (v.)
to end or cease
Example:Please stop talking while I am reading.