Eutelsat finalizes the manufacturing of 32 OneWeb satellites for SpaceX
Airbus builds these crafts in Toulouse. The deployment aims for 669 units to strengthen the LEO constellation and ensure service continuity.
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Satellite communications operator
eutelsat.comLast updated
In short: Eutelsat kept revenues flat with surging LEO growth, raised €1.5bn capital, ordered 340 OneWeb satellites, and appointed a new CEO and CFO.
Airbus builds these crafts in Toulouse. The deployment aims for 669 units to strengthen the LEO constellation and ensure service continuity.
LEO revenues grew nearly 70% to €297 million. Net debt/EBITDA improved to 2.32x after successful €5 billion refinancing.
Revenues stood at €293.0 million, up 3.1% like-for-like, driven by strong LEO growth. The company completed a €1.5 billion refinancing and maintained full-year outlook.
The financing supports LEO expansion alongside leadership transition and solid FY24-25 performance.
Shares in European satellite operator Eutelsat rose sharply on Wednesday after Ukraine said SpaceX'...
Eutelsat OneWeb has completed licensing formalities in India and is awaiting security clearances to launch its satellite communication services, according to a senior executive.
[FLASH] - Eutelsat announced on November 18, 2025 the launch of a reserved capital increase of 828 million euros, most of which will be...
(Reuters) -Eutelsat has appointed Sébastien Rouge as its new finance chief, the satellite operator said on Wednesday, weeks before it plans to raise fresh funding...
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