NileSat has reported a net profit of $65.6 million (€56.5m) for 2025 – up 13.7 per cent from $57.6 million in 2024 – despite a 2.6 per cent revenue decline. Overall revenues were $98.47 million, down from $101.14 million in 2024.

NileSat has a major contract with “another satellite company” (not specifically named but believed to be Eutelsat) “for sic transponders for a period of nine years”.

NileSat has various cash equivalents including a deposit of $250.37 million in US dollars and with other cash deposits and cash-in-hand takes the overall total of cash/cash equivalents to $278.47 million.

Other posts by :

1. 36 major airlines now committed to Starlink
2. Quilty: Top 5 Washington Satellite show takeaways
3. Space Wars: Starlink vs Amazon Leo
4. Eutelsat seeks ISRO deal for launches
5. Virgin Galactic sets prices for space tourists
6. Devas vs Antrix rumbles on
7. Shotwell makes TIME front cover
8. Suitors eye Globalstar
9. SpaceX: IPO offer in days?

Categories: Articles, Business, Results

Tags: nilesat, satellite