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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 expects adjusted EBITDA for the current fiscal year to be between €650 million and €680 million, which is 14% lower than previously expected.
Eutelsat had previously expected OneWeb to contribute between €125 million and €225 million in revenues over the 12 months to 2024-06-30.
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 operates the second-largest NGSO network with more than 630 OneWeb satellites.
Paratus South Africa provides Geostationary (GEO) satellite services through a long-standing partnership with Eutelsat Group.
Eutelsat OneWeb’s LEO enterprise solutions build on Eutelsat Group’s existing regional commitment and investment where the GEO HTS KONNECT system is delivering high-capacity, high-throughput broadband services.
KVH Industries will offer Eutelsat OneWeb’s LEO connectivity services supporting terminals for commercial and leisure vessels via Eutelsat OneWeb’s LEO satellite constellation.
World Teleport Association renewed the Tier 4 certification of Eutelsat Group’s Rambouillet Teleport in Rambouillet, France.
SES is the largest teleport operator in the Global Top 20 of 2023, followed by Intelsat and Eutelsat.
Eutelsat OneWeb operates as a GEO-LEO operator in satellite communications.
The OW130L is a dual parabolic terminal designed to offer robust, reliable service on Eutelsat OneWeb’s network.
The Eutelsat Konnect VHTS (K-VHTS) satellite was built by Thales Alenia Space, a Thales (67%) and Leonardo (33%) joint venture.
Eutelsat OneWeb is part of Eutelsat Group and operates as the world’s first GEO-LEO satellite operator.
Imperial College London is collaborating with Eutelsat OneWeb to explore using Eutelsat OneWeb’s LEO constellation for global space weather monitoring.
Dr. Martin Archer from Imperial College London received a UKRI Future Leaders Fellowship to work with Eutelsat OneWeb on space weather research.
The UKRI Future Leaders Fellowship supporting Dr. Martin Archer’s work with Eutelsat OneWeb will fund researchers from 2024 through 2028.
PONANT can select the backbone GEO VSAT for data requiring guaranteed throughput while augmenting polar coverage with Starlink, Eutelsat OneWeb, and Iridium LEO services.
Marlink completed the integration of Starlink and Eutelsat OneWeb LEO internet services on PONANT’s Le Commandant Charcot to provide three LEO solutions for the ship’s polar itineraries.
Eutelsat OneWeb’s LEO network comprises more than 600 satellites that travel in polar orbit, enabling more global coverage than geostationary satellites fixed along the equator.