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.
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Eutelsat's overall connectivity segment grew by just 3.1% in the first quarter of 2025–26.
Eutelsat's backlog was €3.5 billion as of September 30th, 2025, stable compared to the end of June 2025.
Eutelsat's leverage ratio is 3.88x, based on net debt divided by adjusted EBITDA.
Eutelsat's backlog is equivalent to 2.8 times FY 2024-25 revenues, with Connectivity representing 58 percent of the total.
Eutelsat's OneWeb low Earth orbit connectivity segment posted strong growth in the first quarter of 2025–26.
Eutelsat completed a single 20-satellite addition to the OneWeb constellation in October 2024.
Eutelsat's Video revenues declined 10.5% year-over-year to 134 million euros.
Eutelsat expects LEO revenues to grow around 50% for the full year to offset the decrease in GEO revenues from both Video and Connectivity.
Eutelsat CFO Christophe Caudrelier reported growing demand for new LEO-enabled connectivity solutions for government applications, especially in Ukraine.
Eutelsat saw a 70% boost in Low-Earth Orbit (LEO) revenues in the first quarter, offsetting declines in Video and Mobile Connectivity to hold overall revenue stable.
Eutelsat's overall revenue was 293 million euro ($340 million), steady compared to the same quarter last year.
This will be the 22nd and final flight for the Falcon 9 first stage booster supporting the SpainSat NG II mission, which previously launched CRS-26, OneWeb Launch 16, Intelsat IS-40e, SES O3b mPOWER-C, Ovzon-3, Eutelsat 26D, Turksat 6A, Maxar 2, SXM-9, and 12 Starlink missions.
Eutelsat's headquarters is located in Paris.
Eutelsat signed a broadcast deal in the Middle East, renewing its partnership with the Ministry of Information of Oman for satellite capacity on the Eutelsat 21B satellite.
Eutelsat's continued cooperation with the Ministry of Information of Oman supports secure and high-performance broadcast solutions via the Eutelsat 21B satellite.
Eutelsat reported first quarter financials for fiscal year 2025-2026 on October 21.
The first stage booster previously launched CRS-22, Crew-3, Turksat 5B, Crew-4, CRS-25, Eutelsat HOTBIRD 13G, O3B mPOWER-A, PSN SATRIA, Telkomsat Merah Putih 2, Galileo L13, Koreasat-6A, and 20 Starlink missions.
Tusass signed a multi-year agreement to bring Eutelsat's OneWeb LEO connectivity to Greenland.
The partnership with Eutelsat aims to connect remote communities and support essential services like rescue operations and maritime security.
Tusass will leverage Eutelsat's OneWeb network to meet various connectivity needs, including community broadband access and mission-critical infrastructure.