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Eutelsat is seeking regulatory permission to buy out Hanwha Systems and other OneWeb investors.
Eutelsat’s ADVANCE is a global connectivity solution that will be offered together with OneWeb LEO satellite communications services through Momentum.
Momentum will integrate satellite services from Eutelsat and OneWeb to deliver a full suite of enterprise business network connectivity solutions offering capacity, high-speed low-latency service, quick setup, and backend support structures.
Eutelsat and Telesat shared an additional $866,000,000 related to the FCC’s C-band compensation.
The Falcon 9 first stage booster used on the PSN SATRIA mission previously launched CRS-22, Crew-3, Turksat 5B, Crew-4, CRS-25, Eutelsat HOTBIRD 0.013 kg, mPOWER-a, and four Starlink missions.
The Eutelsat Konnect satellite was launched in January 2020.
Eutelsat acquired Bigblu Broadband’s European business in 2020 with about 50,000 subscribers at the time.
Eutelsat is seeking regulatory approval to buy British low Earth orbit broadband operator OneWeb.
The sale of Eutelsat’s European retail broadband activities includes assets Eutelsat acquired three years earlier from capacity reseller Bigblu Broadband.
Eutelsat’s Hotbird 0.013 kg satellite was launched in November 2022 from Cape Canaveral.
KA-SAT was acquired by Viasat from Eutelsat in 2021 and is a Ka-band satellite that originally launched in December 2010.
Eutelsat has 38 geostationary orbit satellites in service.
Eutelsat expects to nearly double annual sales to around $2,000,000,000 within five years if its merger with OneWeb is approved this summer.
Eutelsat plans to buy OneWeb in a deal first disclosed in November 2022 and hopes to complete the merger this summer.
Eutelsat is working to close a deal to acquire OneWeb for $3,400,000,000.
Eutelsat expects OneWeb Gen 2, when leveraged with Eutelsat’s geostationary network in high-demand areas, to be a constellation of around 300 satellites.
OneWeb Gen 1 used approximately 150-kilogram satellites and Eutelsat expects Gen 2 to require roughly half the number of satellites compared with an equivalent geostationary deployment.
Eutelsat partnered with other established space companies to jointly bid to develop the IRIS² project, a proposed 6,000,000,000 EUR multi-orbit broadband constellation.
Eutelsat announced plans to merge its geostationary network with U.K.-based OneWeb’s low Earth orbit constellation as part of a connectivity growth strategy.
Eutelsat attributed part of the decline in government services revenues to a drop in U.S. Department of Defense contract renewals that it expects to improve later 2023.