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Finance

Eutelsat announces contract with Airbus for 100 satellites

Published by Global Banking & Finance Review

Posted on December 17, 2024

1 min read

· Last updated: January 27, 2026

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Eutelsat and Airbus collaboration for 100 satellites - Global Banking & Finance Review — This image illustrates the partnership between Eutelsat and Airbus for the construction of 100 small satellites, enhancing low Earth orbit capabilities in response to market competition. The collaboration aims to strengthen European satellite communications.

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(Reuters) - French satellite company Eutelsat has chosen aerospace giant Airbus to build 100 small satellites for its OneWeb low Earth orbit (LEO) constellation extension, with deliveries to begin

Eutelsat's New Satellite Deal with Airbus for 100 Units

(Reuters) - French satellite company Eutelsat has chosen aerospace giant Airbus to build 100 small satellites for its OneWeb low Earth orbit (LEO) constellation extension, with deliveries to begin around the end of 2026.

The satellites will be technologically compatible with a planned 10.6 billion euro ($11.13 billion) secure European satellite constellation in response to Elon Musk's Starlink.

Eutelsat did not disclose financial terms of the Airbus deal.

(Reporting by Dimitri Rhodes; Editing by David Goodman)

Key Takeaways

Eutelsat partners with Airbus for 100 small satellites.
Satellites will enhance the OneWeb LEO constellation.
Deliveries are expected to start by the end of 2026.
The project aligns with Europe's satellite initiatives.
Financial terms of the deal were not disclosed.

Frequently Asked Questions

What is the main topic?

The article discusses Eutelsat's contract with Airbus to build 100 satellites for the OneWeb LEO constellation.

What is the significance of the deal?

The deal aims to enhance European satellite capabilities and is part of a broader initiative to compete with Starlink.

When will the satellite deliveries begin?

Deliveries of the satellites are expected to begin around the end of 2026.

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