Updated Revenue Objectives and Growth Capacity
INVESTMENT IN ONEWEB CLOSED
Strong commercial and operational momentum
€
Both tranches of investment closed
$580m cash-out in H1 with remaining $135m to be called in upcoming quarters
Eutelsat now second shareholder with a 23% stake1
Gen-1 slightly overfunded
13 launches completed with 2/3 of the fleet now in orbit
Partial coverage now available
First distribution partners onboarded
Numerous distribution partnerships secured across multiple verticals
First substantial firm precommitment with NEOM in MENA
Discussions for future commercial cooperation progressing well
NEOM
OneWeb
LEONARDO DRS
BT
HUGHES
AT&T
An EchoStar Company
AIRBUS
Access to a critical infrastructure to serve long-term Telco needs
1 I Subject to the completion of the investment announced by Hanwha in August 2021. As of 31/12/2021, Eutelsat held a 25.13% stake.
EUTELSAT
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