Eutelsat Expands Its OneWeb Constellation with 340 New Satellites
Eutelsat Communications, listed under ISIN FR0010221234, has announced the acquisition of an additional 340 low-earth orbit OneWeb satellites from Airbus. This development is part of the company's growth strategy in the low-earth orbit (LEO) satellite segment, aiming to ensure service continuity for its customers.
Eutelsat has awarded Airbus Defence a contract for the supply of 340 additional satellites as part of its OneWeb constellation. These new satellites will benefit from the latest technological advancements, thereby enhancing their technical performance. This acquisition aims to strengthen Eutelsat's ability to provide enhanced communication services to its customers.
Ensuring Optimal Service Continuity
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With this order, Eutelsat ensures the maintenance of optimal service continuity for its customers using the OneWeb constellation. The ordered satellites will not only improve network coverage and capacity but also ensure increased reliability, thereby meeting the growing expectations of satellite communication service users.
Investment in LEO Satellites
This investment in LEO satellites reflects Eutelsat's commitment to continue its growth momentum in this segment. The partnership with Airbus Defence allows Eutelsat to assert its position in the market and to continue exploring new development opportunities. With this reinforcement of its fleet, Eutelsat is preparing to meet future global connectivity needs.
SectorTélécommunications›Satellite et connectivité
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Context
Period
Period: FY2027
Guidance from the release
« Eutelsat confirme également ses objectifs pour l'exercice 2028-29 [...] grâce à la forte dynamique des ventes LEO. »
Outlook / guidance
Management commentary: « Eutelsat confirme également ses objectifs pour l'exercice 2028-29, avec des prévisions de chiffre d'affaires des quatre activités opérationnelles comprises entre 1,5 et 1,7 milliard d'euros pour l'exercice clos au 30 juin 2029 grâce à la forte dynamique des ventes LEO. »
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Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
