Credit rating agency Standard & Poor’s (S&P) has lowered Eutelsat’s credit ratings. S&P says it expects Eutelsat’s loss-making LEO satellites division (OneWeb) and hefty capital expenditure (capex) needs will result in sustained negative cash flow in the next three to five years. S&P adds that it now considers Eutelsat’s risk profile to be ‘Weak’ (down […]

Paris-based satellite operator Eutelsat, which already has some 654 of its OneWeb satellites in low Earth orbit, is ordering another 100 satellites from Airbus Defence & Space. The new satellites will be built at the Airbus plant in Toulouse, and – perhaps surprisingly – not at the Airbus-owned OneWeb factory in Florida. The factory, Airbus […]

Japan’s UK subsidiary of its Astroscale is getting itself ready with its Critical Design Review of a ‘space tug’ which is planned to remove a OneWeb satellite from its low Earth orbit. The timeframe is 2026 and Astroscale’s UK MD Nick Shave says it is currently acquiring components for its ‘flatsat’ assembly (where the various […]

Eutelsat Group has exercised the put option signed with EQT Infrastructure VI fund on August 9th regarding a majority stake in a newly created entity that will hold Eutelsat’s passive ground infrastructure assets. This decision follows the completion of the consultation processes with relevant employee representative bodies of Eutelsat.The exercise of the put option led […]

Investment bank JP Morgan has lowered its Eutelsat share price target from €3 to just €2.80 (and ‘SELL/Underweight’ advice to clients). The move prompted a share sell-off and a rapid collapse and its already extremely low share price fell back from about €3 on Nov 28, to a low point of €2.84 on the 29th […]

Eutelsat’s OneWeb low Earth orbiting system will be officially launched in Thailand in December and go fully ‘live’ in January for commercial users, according to The Bangkok Post. OneWeb and the nation’s National Telecom (NT) will co-launch the system which is being tested this month. OneWeb’s gateway teleport facility is expected to support more than […]

Eutelsat owned satellite constellation OneWeb has received all the “necessary authorisations” to start services over India. OneWeb India, which is backed by Bharti Airtel, is the first satellite operation to be granted authorisation. However, OneWeb is still waiting for its spectrum to be allocated. IN-SPACe is the government agency responsible for regulating space activities and […]

Aerkomm, the US-based satellite communication technology company, hase signed a Distribution Partner Agreement (DPA) with Eutelsat Group to leverage its OneWeb Low-Earth Orbit (LEO) satellite services. The agreement, concluded in September, grants Aerkomm’s subsidiary, Aerkomm Japan, the distribution rights for LEO connectivity services in Japan for the commercial fixed and land mobility sectors, as well […]

Eutelsat Group has announced the successful launch and deployment of 20 satellites into low Earth orbit (LEO), further strengthening the OneWeb constellation. The satellites were launched aboard SpaceX’s Falcon 9 which lifted off at 10:13 pm PT (local) on October 19th from Space Launch Complex 4 East (SLC-4E) at Vandenberg Space Force Base in California. […]

The next SpaceX launch from Vandenberg Space Force Base in California will be the Eutelsat OneWeb Flight 20 mission. This launch was originally scheduled for late-September. It is now expected to happen on October 20th subject to the usual weather limitations. The 20 OneWeb low Earth orbit satellites are ‘in orbit spares’ for the OneWeb […]