Verified facts grounded in source documentation.
As CEO of Eutelsat Americas, Patricio Northland led the company’s market entry and business in the Americas after architecting a merger with SATMEX valued at over $1,700,000,000.
Eutelsat’s reported adjusted EBITDA for the six months to the end of December 2022 was 419,000,000 EUR, down 3.8% compared with the same period in 2021.
Eutelsat has been heavily investing in geostationary communication satellites as part of a pivot toward connectivity services.
Eutelsat projects a return to profitability in its next fiscal financial year starting 2023-07-01, based in part on strong take-up of Konnect VHTS and Eutelsat 10B.
Eutelsat plans to issue a request for proposals to find companies to build OneWeb’s second-generation constellation most likely within the three months to the end of June 2023.
Eutelsat expects launches for OneWeb Gen 2 to start in 2025 or 2026 for a low Earth orbit network estimated to cost $4,000,000,000.
Eutelsat retired the Eutelsat 5 West A satellite and moved it to a graveyard orbit about 400 km above the geostationary arc in mid-January.
Eutelsat’s compliance with international sanctions against Iran and Russia will reduce annual EBITDA by between 15 million and 20,000,000 EUR.
Eutelsat has asserted that its GEO satellites can provide more capacity to congested areas than OneWeb’s LEO network.
SpaceX launched the second of two satellites for Eutelsat on 2022-11-03 to replenish one of the largest broadcast systems in Europe, the Middle East, and Northern Africa.
Eutelsat and OneWeb have started planning OneWeb’s second-generation constellation, which they expect to cost $4,000,000,000 and to enter service by early 2028.
Eutelsat expects combined EBITDA to rise from around $700,000,000 in fiscal year 2023 to about $1,400,000,000 in fiscal year 2027.
After the start of global services, OneWeb expects to record between $150,000,000 and $250,000,000 in revenues for Eutelsat’s 2024 fiscal year.
Eutelsat partnered with Airbus on the prior Eurostar E3000 generation and on technologies such as electric orbit raising and fully flexible payloads.
Eutelsat operates larger and more powerful GEO spacecraft that can deliver more capacity to densely populated areas.
Eutelsat acquired Mexican satellite operator Satmex in 2014 to expand its presence in Latin America.
Eutelsat acquired Mexican satellite operator Satmex in 2014 to expand its presence in Latin America.
Eutelsat and OneWeb announced plans to combine their businesses in the week preceding early August 2022.
Eutelsat acquired an equity stake in OneWeb in April 2021.
Eutelsat acquired an equity stake in OneWeb in April 2021.