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Space·OneWeb

Eutelsat Invests €1B in OneWeb Satellites

4 sources · first reported 2d ago

Eutelsat plans to invest €1 billion in 229 Airbus-built OneWeb satellites to secure its LEO network continuity through 2034. This investment is expected to provide Eutelsat with access to more than twice OneWeb's current capacity and a new generation of capabilities.

Why it matters

This investment is significant for the development of low-earth orbit (LEO) satellite networks and will enhance Eutelsat's capabilities in the space sector. The partnership with Airbus and OneWeb highlights the importance of collaboration in advancing space technology.

SpaceAcquisition
Prime/Industry 1Independent Media 3

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