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Eutelsat expects LEO revenue growth of 50% in the upcoming year.
Eutelsat posted LEO connectivity revenue of €54.1 million in the first quarter of 2025–26.
Eutelsat CFO Christophe Caudrelier reported growing demand for new LEO-enabled connectivity solutions for government applications, especially in Ukraine.
Eutelsat reported first quarter financials for fiscal year 2025-2026 on October 21.
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 expects LEO revenues to grow around 50% for the full year to offset the decrease in GEO revenues from both Video and Connectivity.
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 Video revenues declined 10.5% year-over-year to 134 million euros.
Eutelsat's headquarters is located in Paris.
The Eutelsat 21B satellite is positioned at 21 degrees East and offers coverage across the Middle East, Africa, and Europe.
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.
Ian Canning was previously the COO of TrustComm, which was a predecessor to OneWeb Technologies, and he led the merger with Eutelsat America Corp. in 2023.
Eutelsat Network Solutions serves as the U.S. proxy company of Eutelsat with access to its Geostationary Orbit fleet and OneWeb constellation.
Tusass signed a multi-year agreement to bring Eutelsat's OneWeb LEO connectivity to Greenland.
Eutelsat is retiring the OneWeb brand as a separate subsidiary, while retaining it as the name of the Low-Earth Orbit constellation.
The partnership reinforces Eutelsat's role as a trusted provider of secure, sovereign-grade connectivity solutions.
Eutelsat's OneWeb satellites operate in a polar orbit, providing seamless high-latitude coverage.
Eutelsat announced a new brand identity called Eutelsat Network Solutions for its subsidiary formerly known as Eutelsat America Corp. + OneWeb Technologies Inc. on October 14.