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Eutelsat 113 West A had 18 operational transponders operating in the C- and Ku-bands.
Eutelsat 113 West A had been providing video, data, and government services from an inclined orbit at 113 degrees West.
Airbus U.S. Space & Defense completed a deal with Eutelsat OneWeb to purchase Eutelsat OneWeb’s 50% share of the Airbus OneWeb Satellites joint venture.
Viasat and Inmarsat, as well as Eutelsat and OneWeb, completed major mergers and acquisitions in the SATCOM industry.
The SATCOM industry is expected to see an increase in collaborative and multi-orbit projects by companies like SES and Starlink and Eutelsat and OneWeb.
OneWeb and Eutelsat will begin penetrating the enterprise VSAT and backhaul markets through partnerships.
Eutelsat has around €1.15 billion worth of LEO business in the pipeline, including a €275 million take-or-pay contract from within the group.
Eutelsat’s LEO business backlog increased by around €150 million over the previous few months following additional take-or-pay contracts.
The AOS factory built more than 600 satellites for Eutelsat OneWeb’s first-generation LEO constellation.
Eutelsat planned to start providing OneWeb service worldwide in early 2024 after deploying 633 satellites in low Earth orbit, including in-orbit spares.
Most of Eutelsat’s current LEO broadband services are operating in North America while the company waits to expand the network globally.
France-based Eutelsat acquired the LEO network after buying OneWeb in September to diversify its broadband business.
Eutelsat Group is the parent company of Eutelsat OneWeb and also operates geostationary satellites.
Eutelsat OneWeb fully deployed its first-generation broadband network in low Earth orbit in 2023.
Gaps in OneWeb gateway deployment include countries such as India and Saudi Arabia where Eutelsat holds significant take-or-pay contracts for LEO broadband capacity.
LEO delays mean Eutelsat now expects fiscal-year revenues to the end of June to be between €1.25 billion and €1.3 billion, down from a previous range of €1.32 billion to €1.42 billion.
Eutelsat had previously expected OneWeb to contribute between €125 million and €225 million in revenues over the 12 months to 2024-06-30.
Eutelsat expects adjusted EBITDA for the current fiscal year to be between €650 million and €680 million, which is 14% lower than previously expected.
Eutelsat is behind on rolling out gateways for the OneWeb constellation and expects to have completed only 90% of the ground network by the end of June 2024.
Eutelsat expects a 7% revenue hit because delays securing landing rights in India, Thailand, Turkey, and elsewhere prevent the OneWeb broadband constellation from providing global coverage before the second half of 2024.