Tag: Jean-François Fallacher
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Eutelsat Secures French-Backed Financing to Expand OneWeb Satellite Constellation
European satellite communications operator Eutelsat has secured nearly €1 billion in government-backed financing from France to support the expansion of its OneWeb low-Earth-orbit broadband constellation, the company said. The €975 million agreement, announced on Feb. 11, is backed by the French Export Credit Agency and will fund a recently signed contract with Airbus Defence and…
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Eutelsat Adds 340 Satellites to Airbus Order for OneWeb LEO Network
Eutelsat has expanded its order with Airbus for low Earth orbit (LEO) satellites, increasing the total to 440 units as it moves to strengthen and expand the OneWeb constellation following a recent capital raise. The latest agreement, announced on Jan. 12, 2026, adds 340 satellites to an initial order of 100 placed in December 2024.…