OneWeb is considering plans for a second-generation constellation jointly with Eutelsat ahead of closing their proposed merger, executives for the satellite operators said Sept. 12.
Arianespace launched the 6.5-ton Konnect VHTS satellite for Eutelsat Sept. 7 to improve broadband coverage in Europe.
OneWeb took a $229 million charge this year linked to the termination of its Soyuz launch contract and dozens of satellites stranded in Kazakhstan after Russia’s invasion of Ukraine.
SES and Intelsat are in active merger talks as a wave of consolidation sweeps over the satellite industry, the Financial Times reported Aug. 4.
Arianespace is looking to move Ovzon’s first satellite to another Ariane 5 after Eutelsat switched to a dedicated mission to launch sooner.
Eutelsat said Feb. 17 it expects a revenue slump to stretch into 2023 as it awaits the launch of two delayed satellites critical to a turnaround.
Established satellite operators expressed their frustration at the wave of filings for enormous satellite constellations, arguing nations need to step forward and establish rules to curtail such systems.
Ten companies and organizations from across the space industry have vowed to devise concrete measures for reducing the amount of in-orbit debris by 2030.
Lower broadcast revenues and the pandemic continue to drag on the financials of major satellite operators as they point to the traction they are gaining in their new connectivity growth engines.
Rodolphe Belmer plans to step down as Eutelsat’s CEO at the beginning of 2022 after six years with the French satellite operator.
Eutelsat says it will own nearly 23% of OneWeb, the second largest stake behind Bharti Global's 30% share of the company once the transaction closes.
European satellite giants SES and Eutelsat see improving trajectories in their broadcast businesses, although the wider picture remains mixed as the pandemic hangs over financials.
France’s highest court has rejected a legal challenge from Eutelsat against Inmarsat’s hybrid satellite and cellular European Aviation Network.
An Ariane 5 successfully launched two commercial communications satellites July 30 in the first flight of the rocket in nearly a year, and the first of two missions before it launches a NASA space telescope.
Eutelsat’s investment in OneWeb may be incompatible with continued participation in the European Union’s proposed satellite broadband constellation, an EU official warned.
French satellite operator Eutelsat said revenue numbers will look much better than it expected come the end of June, despite reporting a decline in sales in its latest quarterly results.
French satellite operator Eutelsat is paying $550 million to buy part of OneWeb, the startup deploying a broadband network in low Earth orbit.