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Eutelsat’s bond offer unlocked $4.06 billion in financing for a OneWeb refresh and for investment in IRIS2.
Intelsat has a commercial relationship with Eutelsat’s OneWeb for some LEO tasks.
Station Satcom will use OneWeb for its services to nearly 6,000 maritime vessels.
OneWeb’s parent company Eutelsat entered a multi-year agreement with Greenland’s national telco Tusass to provide critical infrastructure, community broadband, maritime, mobility, and emergency services.
OneWeb’s first-generation replacement satellites will include hardware updates for enhanced 5G backhaul functionality.
CMA CGM will install OneWeb services on nearly half of its 650-vessel fleet.
Eutelsat reported OneWeb revenues were up 60 percent in its half-year results and projected up to 280 million euro in OneWeb revenues by the end of the current fiscal year.
Eutelsat secured French export credit financing to fund an additional 440 OneWeb satellites.
The new Airbus-manufactured satellites will progressively replace existing OneWeb satellites as their operational life ends to ensure full operational continuity for OneWeb customers.
OneWeb revenue increased 59.7% in the six months ending Dec. 31.
Eutelsat has signed a €1 billion Export Credit Agency financing for the procurement of LEO satellites for its OneWeb constellation.
With its OneWeb expansion and its contribution to IRIS2, Eutelsat has committed over €4 billion in spending.
Eutelsat ordered 100 satellites from Airbus Defence and Space in December 2024 to ensure continuity of its current OneWeb service.
Eutelsat is set to receive almost €1 billion in French government-backed financing to expand its OneWeb broadband constellation.
Eutelsat estimated the cost of the OneWeb extension at between €2 billion and €2.2 billion.
Eutelsat intends the new satellites to ensure operational continuity for OneWeb customers as older satellites reach the end of their operational lifetime.
The Sidewinder antenna acquired from Stellar Blu is compatible with the OneWeb constellation.
The €975 million financing will cover manufacturing of 340 satellites Eutelsat contracted Airbus to build for the OneWeb constellation plus an additional 100 already ordered.
MTN has existing Low Earth Orbit partnerships with OneWeb and Starlink.
The deployment uses a high-availability, multi-orbit architecture that combines Eutelsat OneWeb’s LEO constellation with existing geostationary (GEO) and LEO networks.