Eutelsat

Oneweb offers Europe a low-Earth-orbit satellite network similar to Starlink, but with around 650 satellites it is significantly smaller and technically less capable (laser links are only planned). Eutelsat emphasizes comparable capacity in Europe and has large satellite orders with Airbus as well as a capital increase and state participation. Markets and experts remain skeptical; in the long term IRIS² is intended to complement it, but its first launches have been postponed to 2029, which is why national military projects like SATCOMBw are being planned. » More on faz.net

Eutelsat announced a multi-year extension of its cooperation with StarTV (Grupo W Com), under which StarTV will use additional capacity on the EUTELSAT 117 West B satellite to offer direct-to-home TV, educational content and near-video-on-demand via IP across Mexico. The agreement secures the 117° West orbital position for video transmissions in Mexico and Latin America and is intended to improve access to content in remote areas and reduce customer churn. Eutelsat highlights the advancement of satellite technology; StarTV emphasizes low-cost pay-TV offerings and the expansion of its portfolio. » More on de.investing.com

Eutelsat has ordered 229 additional OneWeb satellites from Airbus; the investment is estimated at around one billion euros and complements the 440 satellites previously ordered. Delivery of the earlier-ordered satellites is expected to begin next quarter, while the new satellites are intended to renew and expand OneWeb’s constellation through 2034. Eutelsat highlights improved on‑board processing and the option for hosted payloads, has also booked two Ariane launches for 2027 and 2028, and is aiming to grow as a European alternative to Starlink. » More on heise.de

Berenberg starts coverage of Eutelsat with a 'hold' rating and a €2 price target, but sees high investment commitments for IRIS2 and the renewal of the OneWeb constellation as a significant risk. The bank warns of rising debt that could reach four times EBITDA and considers the revenue target through 2029 hard to achieve. Berenberg currently prefers rival SES and would only be more positive if execution becomes clear. » More on de.investing.com

Eutelsat reports 2025/26 revenues of €1.24bn (like‑for‑like +3%), driven by the OneWeb‑LEO business (+69.5% to €297m). Adjusted EBITDA fell on a like‑for‑like basis to €632.4m and the margin declined to 51.2%, while the net loss narrowed to €457.3m and net debt fell to €1.46bn. The group forecasts slight revenue growth for 2026/27, a stable EBITDA margin and capex of around €1.2bn; it also announced a CENTAURE contract with the French DGA (initial commitment €138m). Investors reacted negatively to the cautious outlook, and the share price fell by almost 5% at times. » More on finanzen.net