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A European team involving the European Space Agency (ESA), Airbus Defence and Space, and Eutelsat demonstrated 5G New Radio signal handover with a OneWeb satellite.
Currently, only the French company Eutelsat is positioned to supply Ukraine if Elon Musk disconnects his satellite network.
The true tool that will allow the EU to compete with Starlink will not be operational until 2030, when the IRIS2 satellite constellation, designed by Eutelsat, Hispasat of Spain, and SAS of Luxembourg, comes into effect.
Starlink faces competition from Jio SpaceFiber and Eutelsat’s OneWeb in India’s satellite internet market.
Eutelsat renewed its agreement with Oman’s Ministry of Information for continued satellite capacity on EUTELSAT 21B at 21° East.
EUTELSAT 21B provides reliable transmission of national TV and media content across Oman.
Eutelsat's extended collaboration with the Ministry of Information of Oman reinforces its commitment to supporting government and public institutions.
Eutelsat has extended a partnership agreement with the Ministry of Information of Oman.
The partnership agreement involves the continued provision of satellite capacity on the EUTELSAT 21B satellite at 21° East.
Eutelsat's LEO connectivity revenue increased by 61% from the same period last year.
Eutelsat renewed its partnership with the MBC Group.
Eutelsat's overall revenues for Q1 were down by 2.2 percent year-over-year at €293 million.
The share price drop brought Eutelsat to its lowest level since the beginning of the month.
Eutelsat deployed 116 satellites in three launches in 2023.
Eutelsat announced a €1.5 billion capital increase that was approved by shareholders.
Eutelsat's OneWeb division saw a 70.7 percent rise in LEO revenues to €54.1 million.
Eutelsat and MBC Group have a long-standing relationship.
Eutelsat's backlog is equivalent to 2.8 times FY 2024-25 revenues, with Connectivity representing 58 percent of the total.
Eutelsat's video segment fell 12% to €133.6 million for the quarter.
MBC Group's extended agreement continues to use Eutelsat's 7/8° satellite orbital position.