Paris-based satellite operator Eutelsat says it will add another 340 of its OneWeb satellites into orbit by 2029. These 340 will be additional to the 100 craft already on order. OneWeb, which Eutelsat merged with in September 2023 is very much coming into its own. OneWeb’s low Earth orbiting (LEO) fleet of 648 satellites was […]
Eutelsat’s OneWeb division saw its revenues grow by more than 84 per cent (€187 million) and now represent about 15 per cent of overall revenue. The numbers emerged as Eutelsat reported its end-of-year results. Total revenues for FY 2024-25 stood at €1.244 billion, up by 2.5 per cent on a reported basis and by 1.6 […]
The Board of Directors of Eutelsat has approved the hiring of Eric Labaye as a Board member and his appointment as Chairman of Eutelsat Communications and Eutelsat SA. He succeeds Dominique D’Hinninwho had announced his decision not to seek the renewal of his mandate on February 14th. Labaye’s appointment is effective immediately. The Board of […]
Eutelsat and longtime partner Station Satcom, a specialist in maritime communications headquartered in India, have signed a new agreement to deliver Eutelsat’s OneWeb LEO connectivity services to the global maritime sector. The deal marks a significant strategic expansion for Station Satcom, which will integrate OneWeb’s LEO capabilities into its portfolio to provide hybrid satellite connectivity […]
The UK, an investor in Eutelsat/OneWeb, has signed an agreement with Eutelsat to deliver Low Earth Orbit (LEO) satellite connectivity for UK government operations Worldwide. The agreement is with “trusted distribution partner” NSSLGlobal, to support vital diplomatic, defence, policing, and disaster response operations. NSSL will use capacity on the OneWeb fleet. This strategic partnership will […]
On the heels of the UK’s confirmation that it is topping up its capital investment in Eutelsat’s OneWeb (by €163.3 million), Eutelsat’s Indian partner Bharti Space is making a similar top-up worth €120 million. The smaller amount reflects a €30 million capital injection made in June by Bharti. Following the fresh investment, Bharti Space’s stake […]
Eutelsat has announced that the UK is to participate in the contemplated capital increase announced by Eutelsat on June 19th. This additional participation from another key reference shareholder will increase the total amount to be raised to €1.5 billion. His Majesty’s Government, via The Secretary of State for Science, Innovation and Technology of the UK […]
President Emmanuel Macron of France, in a speech to British parliamentarians, said the UK should boost its investment in space-related businesses. On July 9th he was meeting privately with UK Prime Minister Sir Kier Starmer where it is possible that the UK’s investment in OneWeb could be on their agenda. Macron, in his speech, argued […]
There are more than a few ‘rivals’ to Starlink, but only Eutelsat’s OneWeb has a full fleet of satellites in orbit with which to challenge Elon Musk’s broadband satellite service. The other major potential rivals are Jeff Bezos-backed Amazon Project Kuiper and Canada’s Telesat and its Lightspeed fleet. But Kuiper has only just started launching […]
Eutelsat and Swiss broadcasting corporation SSR SRG have announced the multi-year renewal of their capacity agreement at Eutelsat’s HOTBIRD video neighbourhood. The partnership has already spanned over 30 years. This new agreement assures the broadcast continuity of SSR SSG Group’s HD television channels and radio stations to audiences across Switzerland who are living beyond the […]