Eutelsat LEO Revenue Rockets 84%
7 Articles
7 Articles
Eutelsat’s bright LEO outlook clouded by GEO decline
Strong government demand helped send Eutelsat’s LEO revenues soaring 84% over the past 12 months, although the French operator expects its legacy geostationary business to continue weighing on profits in the year ahead. The post Eutelsat’s bright LEO outlook clouded by GEO decline appeared first on SpaceNews.
The LEO business of the French group Eutelsat is growing by 84 percent. Authorities outside the USA in particular are increasingly relying on alternatives to Elon Musk's Starlink service. Eutelsat reports a significant leap in revenues for satellite services in near-earth orbits for the 2025 financial year. The LEO segment (Low Earth Orbit) increased by 84.1 percent to 186.8 million euros. At the same time, revenues with government customers inc…
Eutelsat rides Ukraine and government deals to beat revenue projections
The post Eutelsat rides Ukraine and government deals to beat revenue projections appeared on BitcoinEthereumNews.com. French-based satellite operator Eutelsat has reported a modest increase in revenue for the year to June 30, beating forecasts due to solid demand mainly from governments. This comes as both corporate clients and European governments are also looking at other options outside US service providers like Starlink. The Paris-listed com…
Eutelsat FY 2024-25 revenue rises on strong LEO growth amid strategic shift to GEO-LEO integration - TelecomLead
Eutelsat reported total revenues of €1,243.7 million for FY 2024-25, marking a 2.5 percent increase on a reported basis. Revenues from the four core operating verticals rose by 0.8 percent to €1,226.3 million. A standout performance came from Low Earth Orbit (LEO) services, with revenues soaring over 80 percent to €186.8 million, now accounting for approximately 15 percent of total revenues. This sharp LEO growth offset declines in traditional G…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium