WASHINGTON — Satellite companies that have spent decades operating broadcast satellites that beamed programming to millions are trying to adjust to a new environment where they have to unicast data to individuals, company executives said during a panel discussion at the Satellite 2023 Conference.
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.
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.
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.
Eutelsat and key OneWeb shareholders  sign a Memorandum of Understanding with a view to combining Eutelsat and OneWeb in an all-share transaction.
Eutelsat shareholders and OneWeb shareholders  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  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.
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.
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 Stargroup, Apconet/Aitelecom, Eutelsat 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.
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.