LA PLATA, Maryland — Eutelsat’s follow-on contract with Airbus for 340 OneWeb satellites confirms the company’s estimated 2.2-billion-euro ($2.56 billion) commitment to maintaining OneWeb’s Gen 1 constellation into the 2030s before transitioning into the European Commission’s Iris2 secure communications network.
Eutelsat ordered a first tranche of 100 OneWeb Gen 1 continuity satellites in December 2024 and had to wait until it had stabilized its balance sheet before making the final order, which was announced Jan. 12.
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