Eutelsat and Intelsat forge $500M partnership to expand OneWeb constellation

Written by Copernical Team Thursday, 21 March 2024 21:40

font size decrease font size increase font size
Print
Email

Write a comment

Paris, France (SPX) Mar 20, 2024

Eutelsat Group has formalized a major multi-year partnership with Intelsat, investing up to $500 million over seven years into the OneWeb Low Earth Orbit (LEO) Constellation. This collaboration, starting in mid-2024, guarantees $250 million with an initial $45 million deal already in place and an option for an additional $250 million. This strategic alliance enables Intelsat to integrate O

Eutelsat and Intelsat forge $500M partnership to expand OneWeb constellation
by Erica Marchand
Paris, France (SPX) Mar 20, 2024

Eutelsat Group has formalized a major multi-year partnership with Intelsat, investing up to $500 million over seven years into the OneWeb Low Earth Orbit (LEO) Constellation. This collaboration, starting in mid-2024, guarantees $250 million with an initial $45 million deal already in place and an option for an additional $250 million.

This strategic alliance enables Intelsat to integrate OneWeb's LEO Network with its own Geostationary Orbit (GEO) and terrestrial networks. The integration aims to enhance service offerings across networks, government, and mobility sectors, promising unparalleled customer solutions.

A cornerstone of this partnership is the mutual commitment to innovation and the integration of Intelsat's insights into the development of the next-generation OneWeb constellation. This collaboration is set to revolutionize the OneWeb system, advancing it to meet evolving communication demands with robust and dependable connectivity options.

Intelsat's CEO, Dave Wajsgras, highlighted the progression of their alliance with Eutelsat, emphasizing the enhanced capacity to offer true multi-orbit services across various customer bases and business segments. "Today's announcement elevates our partnership, enabling the delivery of new multi-orbit services and solutions," Wajsgras remarked.

Eutelsat's CEO, Eva Berneke, expressed her enthusiasm about the extended partnership, viewing it as a testament to OneWeb's constellation potential and the growing need for multi-orbit solutions among satellite operators. "We are excited to deepen our collaborative efforts with Intelsat, leveraging their unmatched expertise in the aviation and government sectors," Berneke stated.