Eutelsat is a leading satellite operator and the world's first integrated GEO-LEO satellite operator, formed in 2023 through the combination of Eutelsat and OneWeb. With a fleet of 34 geostationary satellites and a LEO constellation of over 600 satellites, the company provides global services for video broadcasting, broadband, data connectivity, and government communications. Eutelsat also delivers services for maritime and in-flight mobility, offering solutions like the Eutelsat Advance platform for high-end connectivity and digital platforms for broadcasters. Associated keywords include satellite communications, GEO-LEO infrastructure, and broadcast services.
All verified mentions of this organization in source documents.
Eutelsat is continuing to invest in maritime services.
Eutelsat decided to cancel FlexSat Americas after a business-case review that projected returns extending into the 2030s amid the emergence of new LEO constellations.
Eutelsat’s fleet comprises 34 GEO satellites, with a large number dedicated to video broadcasting.
Eutelsat expects many of its video GEO satellites to reach end of life post-2035, in the 2035–2040 timeframe.
Eutelsat’s cancellation of FlexSat Americas will save €100 million in future capital expenditures.
Eutelsat has one active GEO satellite project in partnership with Thaicom for a connectivity satellite that will operate over Asia.
Eutelsat cancelled its FlexSat Americas GEO satellite, which had been ordered from Thales Alenia Space in 2022 as a software-defined satellite.
Eutelsat Communications’ adjusted EBITDA declined 6.1% like-for-like to €308 million (≈$366 million) in the first half of fiscal 2025-26.
Eutelsat Communications’ LEO constellation revenues accounted for approximately 20 percent of the company’s total revenues in the first half of fiscal 2025-26.
Eutelsat Communications serves customers in video, mobile connectivity, fixed connectivity, and government services.
Eutelsat Communications attributes the adjusted EBITDA margin pressure to sanction-related video revenue losses and product mix effects during the LEO ramp-up phase.
Eutelsat Communications executed a refinancing plan that strengthened its financial foundations.
Eutelsat Communications’ total revenues for the first half of fiscal 2025-26 were down 2.4% on a reported basis but stable like-for-like.
Eutelsat Communications’ Low Earth Orbit constellation revenues increased 59.7% to €111 million (≈$132 million) in the first half of fiscal 2025-26.
Eutelsat Communications’ adjusted EBITDA margin fell 3.4 percentage points to 52.1% in the first half of fiscal 2025-26.
Eutelsat Communications is a Paris-based satellite operator.
Airbus Defence and Space secured an order for 340 OneWeb satellites for Eutelsat.
Eutelsat Communications executed the refinancing plan with support from its shareholders, rating agencies, and institutional partners.
Eutelsat Communications operates a Low Earth Orbit constellation of more than 600 satellites.
Eutelsat Communications operates a fleet of 33 geostationary satellites.