Eutelsat Communications SA

Avolon has announced a firm order for 110 Airbus jets, comprising 75 A320neo family aircraft and 35 A330-900s, with options for a further 100 aircraft pending Bohai Leasing shareholder approval. The commitment from the leading lessor reinforces long-term demand visibility for Airbus's single-aisle and widebody programmes and deepens its presence in the leasing market. The order, once Bohai Leasing approves it, supports the long-term demand story but does not materially change the most immediate swing factors, which remain engine and supply chain reliability on the A320 family and the impact of elevated investment and Spirit AeroSystems integration costs on near-term free cash flow. Alongside the Avolon deal, Airbus Defence and Space has completed the first 32 new OneWeb satellites for Eutelsat, underlining the push to build a more meaningful second profit pillar outside commercial jets. Airbus's narrative projects 107.5 billion euros in revenue and 9.3 billion euros in earnings by 2029, requiring 11.8% yearly revenue growth and about a 3.4 billion euro earnings increase from 5.9 billion euros today, while some of the most optimistic analysts were already pencilling in about 122.6 billion euros of revenue and 10.4 billion euros of earnings by 2029.

Airbus has completed the first batch of 32 new OneWeb Low Earth Orbit satellites for Eutelsat, part of a broader program covering 669 planned satellites for the operator. The batch forms part of Eutelsat's LEO fleet renewal program aimed at supporting global satellite connectivity services, with Airbus acting as manufacturing partner for the next wave of OneWeb satellites and further launches already planned. Airbus, a €148.6b aerospace and defense group, uses its satellite manufacturing arm alongside its commercial aircraft and space systems operations to supply hardware that telecom operators such as Eutelsat rely on for global connectivity. The work lines up with Airbus Defence and Space's push to build a clearer second profit pillar alongside helicopters and commercial jets, with the company's industrial footprint in Toulouse supplying complex hardware for global connectivity. Investors will be watching upcoming Defence & Space disclosures around LEO constellation production throughput and margin trends in the 2026 and 2027 reporting periods.

Eutelsat announced on September 11, 2026, the extension and expansion of its long-standing partnership with StarTV, part of Grupo W Com, one of Mexico's leading direct-to-home television providers, for continued delivery of satellite television and next-gen services via the EUTELSAT 117 West B satellite. Under the renewed multi-year agreement, StarTV will expand its use of satellite capacity on EUTELSAT 117° West B to support the growth of its service portfolio, including direct-to-home television, educational content initiatives, and NVOD, or Near Video On Demand, over IP across Mexico. The deal reinforces the 117° West orbital position as one of the most important video neighborhoods in Mexico and Latin America. Jean-François Fallacher, CEO of Eutelsat, said the expanded partnership shows how satellite continues to evolve alongside the changing video landscape, expanding access to high-quality entertainment and digital services across Mexico. Jose Aguirré Campos, CEO of Grupo W Com, said the partnership has allowed the company to offer low cost pay TV services in Mexico and to launch new services such as NVOD via Broadcast, which is expected to help reduce churn and give customers access to movies and TV shows, especially in remote places without accessible ISPs.

Eutelsat and OroraTech have announced a strategic partnership to deploy OroraTech thermal infrared payloads on Eutelsat's future Low Earth Orbit satellites, with a reservation for 48 payloads and an option for an additional 48, potentially reaching up to 96 sensors. The agreement, unveiled at the International Space Summit in Paris on September 9, 2026, aims to create a sovereign European thermal intelligence layer for persistent, low-latency Earth monitoring. OroraTech CEO Martin Langer emphasized the move from satellites to infrastructure, while Eutelsat CEO Jean-François Fallacher highlighted the role in early wildfire detection, citing recent severe fires in Europe. For OroraTech, the deal offers scale, capital-efficient growth through hosted payloads, and resilience via diversification across European platforms. The partnership underscores French-German cooperation in space, combining Eutelsat's large-scale LEO infrastructure with OroraTech's thermal intelligence technology.

Clear Blue Technologies International Inc reported positive net income for the second quarter of 2026, with revenue of $1 million, essentially flat with Q1 and down 12% year over year. Gross margin reached 53%, the strongest in two years, while adjusted EBITDA loss improved 78% to CAD 48,000. Bookings rose 19% to $1.8 million, driven by orders from Eutelsat and Inmarsat. The company guided to approximately $3 million in revenue for the second half of 2026, targeting about $5 million for the full year, a 53% increase over fiscal 2025. Management expects to finalize a three-year supply agreement with Eutelsat within weeks, with deliveries of 1,500 to 2,500 Pico Plus units planned for 2026.

National Telecom Public Company Limited (NT) has launched NT nexConnect, a broadband internet service via low Earth orbit (LEO) satellites from Eutelsat OneWeb, to connect remote areas and signal dead zones. The service initially targets corporate and government customers, with plans to expand to general consumers in early 2027. NT is the official representative of Eutelsat OneWeb in Thailand and uses the domestic Satellite Network Portal (SNP) Gateway infrastructure to support data security. NT also plans to launch NT Rural Wi-Fi in the fourth quarter of 2026, offering hourly coupon packages. Meanwhile, NT clarified that the comparison of service fees with other providers is based on different target groups and conditions: the starting package is 9,200 baht per month (excluding VAT), while the service for the general public is 1,440 baht per month.

Eutelsat Communications reported full-year 2025-2026 results with total revenue of €1,235.9 million, down 0.6% on a reported basis but up 3% like-for-like. LEO revenue surged nearly 70% year-on-year to €297 million, now representing 25% of group total revenues, while video revenue declined 13.1% to €519 million. Adjusted EBITDA fell 6.5% to €632 million with a margin of 51.2%, and the net loss narrowed to €457 million from €1.1 billion a year earlier. The company completed a €5 billion refinancing package and secured a $350 million call-off contract under the Nexus framework with the French Ministry of Armed Forces. CapEx came in below expectations at €594 million, and net debt dropped to €1.46 billion, improving the net debt to EBITDA ratio to 2.32 times from 3.9 times.

Gogo announced that Gulfstream Aerospace Corp. has received an FAA Supplemental Type Certificate to install Gogo Galileo HDX on Gulfstream G650 and Gulfstream G650ER aircraft. HDX is an electronically steered antenna providing a compact, lightweight, low-power, high-performance connectivity solution for Gulfstream large cabin aircraft, powered by Eutelsat’s OneWeb low earth orbit network. The tail-mounted Under The Radome installation minimizes downtime, maximizes performance, and is backwards compatible with existing network equipment. Operators will also have access to Gogo’s suite of value-added services, including advanced cybersecurity features and 24/7/365 customer support.