LA PLATA, Maryland — Satellite fleet operator Eutelsat said its OneWeb LEO constellation will reach EBITDA break-even in the current fiscal year, which ends June 30, and that OneWeb connectivity revenue increased by 30% in the three months ending Sept. 30.
OneWeb revenue was 70.9 million euros ($80.4 million) during the quarter. Connectivity services from Eutelsat’s GEO-orbit fleet was also up, by 2.2%, to 90.4 million euros during the period.
Total connectivity revenue for the quarter was 168.3 . . .
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