Eutelsat Selects Airbus Defence and Space to Build OneWeb low Earth Orbit Constellation Extension
17 Dezembro 2024 - 1:45PM
Business Wire
- First batches targeted for delivery from end-2026, assuring
service continuity and enhancement for existing and future
customers
- Paving the way for the future IRIS2 constellation
- Fully compatible with Eutelsat’s FY 2025 Capital Expenditure
guidance and longer-term financial framework
Regulatory News:
Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London
Stock Exchange: ETL), has selected Airbus Defence and Space to
build the extension of its OneWeb low Earth orbit (LEO)
constellation.
Under a contract signed between the two companies, Airbus will
build the first batches of the extension, totalling 100 satellites,
with delivery targeted starting end of calendar-2026, ensuring
continuity and enhancement of service for current and future
customers.
The new satellites will embark key technology upgrades, notably
5G on-ground integration. They will be technologically compatible
with Europe’s IRIS2 constellation, paving the way for its entry
into operational service in 2030, and of which Eutelsat will be the
main architect and operator of the LEO segment.
The procurement of these satellites is integrated within
Eutelsat’s Capital Expenditure outlook for 2025, and fully
compatible with its longer-term financial framework.
Eva Berneke, Chief Executive Officer of Eutelsat Group
commented: "We are relying on our long-standing partner,
Airbus, to begin building the first batches of the Next Generation
of our OneWeb LEO constellation, which will ensure we deliver
continuity of service of the existing constellation with enhanced
service features, as we move towards an architecture in line with
the IRIS2 constellation in 2030. Our in-market experience shows us
that the appetite for low Earth orbit capacity is growing rapidly,
and we are excited to embark on the next stage of our journey to
satisfy that demand.”
++ ENDS ++
About Eutelsat Group
Eutelsat Group is a global leader in satellite communications,
delivering connectivity and broadcast services worldwide. The Group
was formed through the combination of the Company and OneWeb in
2023, becoming the first fully integrated GEO-LEO satellite
operator with a fleet of 35 Geostationary satellites and a Low
Earth Orbit (LEO) constellation of more than 600 satellites. The
Group addresses the needs of customers in four key verticals of
Video, where it distributes more than 6,500 television channels,
and the high-growth connectivity markets of Mobile Connectivity,
Fixed Connectivity, and Government Services. Eutelsat Group’s
unique suite of in-orbit assets enables it to deliver integrated
solutions to meet the needs of global customers. The Company is
headquartered in Paris and the Eutelsat Group employs more than
1,500 people across more than 50 countries. The Group is committed
to delivering safe, resilient, and environmentally sustainable
connectivity to help bridge the digital divide. The Company is
listed on the Euronext Paris Stock Exchange (ticker: ETL) and the
London Stock Exchange (ticker: ETL).
Find out more at www.eutelsat.com
DISCLAIMER
The forward-looking statements included herein are for
illustrative purposes only and are based on management’s views and
assumptions as of the date of this document. Such forward-looking
statements involve known and unknown risks. For illustrative
purposes only, such risks include but are not limited to: risks
related to the health crisis; operational risks related to
satellite failures or impaired satellite performance, or failure to
roll out the deployment plan as planned and within the expected
timeframe; risks related to the trend in the satellite
telecommunications market resulting from increased competition or
technological changes affecting the market; risks related to the
international dimension of the Group's customers and activities;
risks related to the adoption of international rules on frequency
coordination and financial risks related, inter alia, to the
financial guarantee granted to the Intergovernmental Organization's
closed pension fund, and foreign exchange risk. Eutelsat
Communications expressly disclaims any obligation or undertaking to
update or revise any projections, forecasts or estimates contained
in this document to reflect any change in events, conditions,
assumptions, or circumstances on which any such statements are
based, unless so required by applicable law. The information
contained in this document is not based on historical fact and
should not be construed as a guarantee that the facts or data
mentioned will occur. This information is based on data,
assumptions and estimates that the Group considers as
reasonable.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241217442006/en/
Media enquiries Joanna Darlington Tel. +33 674 521 531
jdarlington@eutelsat.com Anita Baltagi Tel. +33 643 930 178
abaltagi@eutelsat.com Katie Dowd Tel. +1 202 271 2209
kdowd@oneweb.net
Investors Joanna Darlington Tel. +33 674 521 531
jdarlington@eutelsat.com Hugo Laurens-Berge Tel. +33 670 80 95 58
hlaurensberge@eutelsat.com
E3 Lithium (TSXV:ETL)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
E3 Lithium (TSXV:ETL)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024