Eutelsat: OneWeb, now 15% of our total revenue, will rise to 22% next year; growth in Ukraine, aero, government markets

by Peter B. de Selding

TUPPER LAKE, NY — Satellite fleet operator Eutelsat Group said that while its backlog of contracts for OneWeb LEO constellation service remained flat at about 1 billion euros ($1.16 billion) in the past year, revenue from OneWeb increased 84%, to 187 million euros, and will rise another 50%, to 280 million euros in the current fiscal year ending June 30, 2026.

Under the company’s current forecast, that would grow the OneWeb LEO connectivity share of total Eutelsat Group revenue to 22.5% in the coming year, compared to . . .

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