Eutelsat Group and Intelsat have signed a multi-year partnership on its OneWeb Low Earth Orbit Constellation.
The deal, which commences in mid-2024 is valued at $500 million over seven years with a firm commitment of $250 million, including the $45 million deal signed in March 2023, with options of a further $250 million by the end of the period. It will enable Intelsat to combine OneWeb’s LEO Network with its GEO and terrestrial networks to deliver comprehensive customer solutions supporting networks, government, and mobility sectors.
“Over the past couple of years, Intelsat has leveraged our partnership with the Eutelsat Group to initiate our strategy of enabling multi-orbit solutions in the commercial aviation and government markets. Today’s announcement takes that partnership to a new level, enhancing our ability to offer new, true multi-orbit services and solutions across our portfolio of customers and business segments.” said Dave Wajsgras, Chief Executive Officer of Intelsat.
Eva Berneke, Chief Executive Officer of Eutelsat Group added: “This expanded partnership with Intelsat represents a strong vote of confidence in the capabilities of the OneWeb satellite constellation, today and well into the future, as well as showcasing the necessity in today’s world for major satellite operators to be able to offer multi-orbit solutions to their customers. We are also delighted to further deepen our collaborative approach with Intelsat going forward, leveraging its unparalleled experience in the key verticals of Aviation and Government.
The March 2023 multi-orbit agreement integrates OneWeb services and Eutelsat’s geostationary high-throughput capacity to support mobile connectivity solutions over Europe, the Middle East, and the Pacific.
