Richard Mortellaro Appointed as President and CEO of Eutelsat America Corp.

PARIS & WASHINGTON (Eutelsat PR) — Eutelsat Communications (Euronext Paris: ETL) (Paris:ETL) announced today that Richard Mortellaro has been appointed to the position of President and CEO of Eutelsat America Corp. (EAC). He will succeed David Bair who is retiring.

Eutelsat America Corp., a subsidiary of Eutelsat Communications, delivers communications services and solutions to US Government and Military customers around the globe in support of national security missions.

(more…)

Software-defined Satellite Enters Commercial Service

Eutelsat Quantum satellite (Credit: Airbus)

PARIS (ESA PR) — Europe’s first commercial satellite capable of being completely reprogrammed while in space is now in commercial use.

Satellite operator Eutelsat has sold six of its eight beams – used for data and mobile communications – to organisations including governments and other users. It is expected that the entire satellite capacity will be sold in the coming months.

(more…)

The Best Laid Plans: Europe’s Ambitious Launch Year Goes Awry Due to International Tensions, Schedule Delays

The James Webb Space Telescope lifted off on an Ariane 5 rocket from Europe’s Spaceport in French Guiana, at 13:20 CET on 25 December 2021 on its exciting mission to unlock the secrets of the Universe. (Credit: ESA/CNES/Arianespace)

by Douglas Messier
Managing Editor

On Christmas Day 2021, an European Ariane 5 rocket roared off its launch pad in French Guiana with the most expensive payload the booster had ever carried, the $10 billion James Webb Space Telescope. The launcher performed perfectly, sending the most powerful space telescope on a journey to its final destination 1.5 million km (900 million miles) from Earth. The launch was so accurate that Webb should have sufficient propellant to perform science operations for much longer than its planned 10-year lifetime.

There was a collective sigh of relief among the European, American and Canadian scientists and engineers involved in the long-delayed program. It was a superb Christmas gift to a world suffering through the second year of the deadly COVID-19 pandemic.

(more…)

Eutelsat and OneWeb Sign MOU on Merger

  • Eutelsat and key OneWeb shareholders [1] sign a Memorandum of Understanding with a view to combining Eutelsat and OneWeb in an all-share transaction.
  • Eutelsat shareholders and OneWeb shareholders [2] would each hold 50% of the Eutelsat shares
  • Compelling financial profile with:
    • Potential for double-digit revenue and EBITDA CAGR over the medium to long term;
    • Eutelsat’s strong cash flow generation providing visibility and funding to support continued expansion into the LEO market through OneWeb’s next generation of satellites;
    • Over €1.5bn potential incremental value-creation after tax (net of implementation costs) stemming from revenue, capex and cost synergies.
  • Balanced board and governance structure, to include Eutelsat’s Chairman and its CEO, OneWeb’s Chairman, and a significant number of independent directors proposed by Eutelsat and OneWeb’s shareholders, at Extraordinary General Meeting.
  • Fully backed by a strong set of strategic shareholders of both entities, including Bpifrance and Fonds Stratégique de Participations who have undertaken to vote in favour of the transaction-related resolutions at this EGM, subject to usual conditions. CMA CGM, a shareholder of Eutelsat, is also supporting the combination.
  • Representing a transformational transaction, built on the strong foundations established in April 2021 with Eutelsat’s initial investment in OneWeb, this combination creates a global leader uniquely positioned to capture the Connectivity market with complementary GEO/LEO [3] offering.
  • Combined entity strongly positioned to address the fast-growing global Connectivity market.
  • The transaction values OneWeb at $3.4bn implying a value of €12 per Eutelsat share (including the dividend, before synergies).
  • Eutelsat to propose a €0.93 per share dividend with a scrip option in respect of FY 2021-22 at its upcoming AGM. Such dividend will not impact the exchange ratio.
  • Eutelsat will continue to be listed on Euronext Paris and apply for admission to standard listing on the London Stock Exchange.


PARIS, LONDON, 26 July 2022 (Eutelsat/OneWeb PR)
 – Eutelsat Communications (Euronext Paris: ETL) and key OneWeb shareholders have signed a Memorandum of Understanding with the objective of creating a leading global player in Connectivity through the combination of both companies in an all-share transaction. Eutelsat will combine its 36-strong fleet of GEO satellites with OneWeb’s constellation of 648 Low Earth Orbit satellites, of which 428 are currently in orbit.

(more…)

Eutelsat Communications Confirms Negotiations with OneWeb on Merger

PARIS (Eutelsat Communications PR) — Following recent market rumors, Eutelsat Communications (Euronext Paris: ETL) confirms that it has engaged in discussions with its co-shareholders in OneWeb regarding a potential all-share combination to create a global leader in Connectivity with complementary GEO/LEO activities.

The combined entity would be the first multi-orbit satellite operator offering integrated GEO and LEO solutions and would be uniquely positioned to address a booming ~$16bn (2030) Satellite Connectivity market. OneWeb is one of the two only global LEO networks and has experienced strong momentum over recent months, with service expected to be fully deployed in 2023.

(more…)

Hughes Technologies Help Bridge the Digital Divide in Mexico

Several service providers choose Hughes JUPITER System for satellite broadband services for CFE Telecomunicaciones e Internet para Todos Program

GERMANTOWN, Md. (Hughes Network Systems, LLC PR) — Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for over 50 years, today announced that its JUPITER™ System platform has been selected by StargroupApconet/AitelecomEutelsat and Globalsat to power satellite connectivity at more than 7,200 sites across Mexico. Additionally, Stargroup chose Ka-band capacity from the Hughes JUPITER high-throughput satellite fleet for an integrated, high-performing solution. The providers won awards under the Comisión Federal de Electricidad (CFE) Telecomunicaciones e Internet para Todos initiative to bridge the digital divide and independently selected the Hughes JUPITER System to connect Community Wi-Fi and internet access sites.

(more…)

Eutelsat Reports Third Quarter and Nine-month Revenues of €285 Million

Eutelsat quantum satellite (Credit: Airbus)
  • Third Quarter Operating Verticals revenues of €285m
    • -3.5%1 year-on-year
    • -0.7%1 quarter-on-quarter
  • Broadly stable Broadcast revenues quarter-on-quarter
  • Strong growth in Fixed Broadband and Mobile Connectivity
  • Nine Month operating vertical revenues down 4.0%1 year-on-year, in line with expectations
  • All financial objectives confirmed

PARIS (Eutelsat PR) – Eutelsat Communications (ISIN: FR0010221234 – Euronext Paris: ETL) reports revenues for the Third Quarter and Nine Months ended 31 March 2022.

(more…)

Eutelsat and OneWeb Sign Global Distribution Partnership to Address Key Connectivity Verticals

  • Global multi-year agreement reflects deepening cooperation and showcases operational synergies between the two companies
  • First step towards development of combined GEO/LEO connectivity solutions, putting the partners in a unique competitive position

PARIS, 22 March 2022 (Eutelsat PR) – Eutelsat Communications (Euronext Paris: ETL) and OneWeb, the low Earth orbit (LEO) satellite communications company, today announced a global, multi-year Distribution Partnership Agreement (DPA) for OneWeb capacity. The agreement paves the way for Eutelsat to commercialise OneWeb services across key verticals including Maritime, Aviation, Enterprise, Telcos and Government.

(more…)

GMV Joins Net Zero Space Initiative to Eliminate Space Debris

  • The use of outer space and the more than $1 trillion in benefits estimated for 2030 is threatened by rising orbital pollution
  • There is an urgent need for all stakeholders in the space market to reach a consensus on its safe and sustainable use
  • GMV is a world reference in the study, monitoring and prevention of space debris proliferation, with more than 20 years of experience in this market

MADRID, Spain (GMV PR) — The space environment is becoming increasingly polluted due to the proliferation of objects orbiting in an uncontrolled manner around the earth, particularly in low and geostationary orbits (the most interesting for use and exploitation). Estimates suggest that there are more than one million objects larger than 1 cm capable of causing potential damage of various kinds, and the number is increasing at a dangerous rate. To ensure a sustainable use of space, various key players in the space industry (*), including GMV, have launched the international initiative called Net Zero Space.

(more…)

France Opens Public Consultation to Devise NewSpace Strategies & Goals

Translated from French by Google Translate

PARIS (CNES PR) — The advent of NewSpace has profoundly upset the space industry and prompted traditional players to review their strategies in the face of multiple initiatives from new private players over the past twenty years. This sector, now more accessible, opens up a considerable number of opportunities and French space players must face up to rapidly changing challenges in order to remain in the international race.

A collective of space players, fully convinced of the need to accelerate the transformation of the ecosystem – 3i3s Europa, Alliance NewSpace France, ASTech Paris Region, CNES, ESA, Eutelsat, Geodesic, GIFAS, ISAE SUPAERO, NewSpace Club, Paris-Saclay Hardware Accelerator, SAFE, Toulouse Capitole University (Sirius Chair) – has therefore decided to organize the first NewSpace Meetings, on July 7 and 8, 2022 at Station F, Paris. It is in this context that a major public consultation has been launched for all interested natural or legal persons.

(more…)

EUTELSAT KONNECT Satellite Selected by Intersat for Internet Connectivity Over Gambia, Guinea Bissau and Senegal

PARIS (Eutlelsat PR) — Eutelsat Communications (Paris:ETL) (Euronext Paris: ETL) and Intersat, one of Africa’s leading providers of Internet solutions, have signed a multi-year deal representing several hundred Mbps to address the connectivity needs of enterprises, institutions and individuals in Gambia, Guinea Bissau and Senegal,

Under the agreement, which represents the totality of the available capacity over these countries, Intersat will leverage the unparalleled coverage and reach of EUTELSAT KONNECT to provide a robust and high-quality Internet service to customers located beyond the limits of terrestrial infrastructure.

(more…)

Net Zero Space Declaration Nets 11 Signatories

The scales of the space debris problem (Credit: ESA)

Eleven space stakeholders have pledged themselves to avoiding the future generation of space debris and remediating the junk that is already clogging up Earth orbit by signing the Net Zero Space Declaration last week.

(more…)

European Software-defined Satellite Starts Service

Quantum satellite in thermal vacuum facility. (Credit ESA)

PARIS (ESA PR) — A telecommunications satellite that can be reprogrammed in-orbit, offering unprecedented mission reconfiguration capacity, has successfully passed its in-orbit acceptance review.

Developed under an ESA Partnership Project with satellite operator Eutelsat and prime manufacturer Airbus, Eutelsat Quantum is pioneering a new wave of flexible satellites developed with the European space industry.

(more…)

Eutelsat Raises its Shareholding Stake in OneWeb

PARIS, 6 October 2021 (Eutelsat PR) – Eutelsat Communications (Euronext Paris: ETL) has exercised a call option on a portion of the latest OneWeb funding round subscribed by Bharti, for a consideration of $165 million, taking its shareholding from 17.6% to 22.9%.

The transaction was undertaken on identical financial terms to Eutelsat’s initial investment of $550 million announced in April and completed on 8 September. The completion of this latest transaction is expected around year-end 2021 subject to regulatory authorisations.

Since Eutelsat’s initial investment, OneWeb has gained significant traction, both operationally, with a 100% launch success rate leading to nearly half of the constellation now in orbit, and commercially, with numerous distribution partnerships secured ahead of its partial entry into service, which remains on track for end-2021.

(more…)

Reprogrammable Satellite Launched

Ariane 5 VA254 lifts off on July 30, 2021. (Credit: Arianespace)

KOUROU, French Guiana (ESA PR) — A sophisticated telecommunications satellite that can be completely repurposed while in space has launched.

Developed under an ESA Partnership Project with satellite operator Eutelsat and prime manufacturer Airbus, Eutelsat Quantum has pioneered a new generation of satellites with the European space industry.

(more…)