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 Communications’ total revenues were €592 million (≈$704 million) for the first half of fiscal 2025-26.
Eutelsat Communications released its first-half fiscal 2025-26 results on February 13.
Eutelsat’s fixed connectivity revenues reached 132 million euro ($156.8 million) for the six months to the end of December, a like-for-like increase of more than 17% compared to the same stage last year.
Eutelsat’s LEO revenues for the first half 2025-26 increased by 60%.
Eutelsat canceled its order for the Flexsat Americas satellite that it had ordered from Thales Alenia Space in 2022.
The ECA financing will be provided to Eutelsat Communications SA and will rank pari-passu with other debts of Eutelsat Communications SA.
Eutelsat has signed a €1 billion Export Credit Agency financing for the procurement of LEO satellites for its OneWeb constellation.
Eutelsat canceled procurement of Flexsat Americas, a software-defined satellite it ordered from Thales Alenia Space in 2022.
Eutelsat’s first half 2025-26 results were in line with expectations and the company was on track to meet its full-year objectives.
Eutelsat's total operating verticals generated €573.8 million, with a like-for-like year-on-year change of -0.6%.
Eutelsat's Video vertical contributed 46% of revenues and generated €266.5 million, with a like-for-like year-on-year change of -12.3%.
Eutelsat identifies hosted payloads and the ground segment as new revenue sources.
Connectivity revenues represented close to 56% of Eutelsat’s overall business for the six-month period ending in December.
Video represented around 44% of Eutelsat’s overall business for the six-month period ending in December.
Eutelsat's Mobile Connectivity vertical contributed 13% of revenues and generated €76.6 million, with a like-for-like year-on-year change of +8.5%.
Eutelsat's Fixed Connectivity vertical contributed 23% of revenues and generated €132.1 million, with a like-for-like year-on-year change of +17.2%.
Eutelsat’s financing strengthens Eutelsat’s financial structure and provides means to support the deployment of its LEO activities.
Eutelsat reported Other Revenues of €17.8 million for the period.
Eutelsat is focusing procurement and capital expenditure on Low-Earth Orbit (LEO) activities.
Rothschild & Cie acted as financial advisor to Eutelsat for the financing.