Eutelsat Group reports that it has signed a new multi-year agreement to partner with Intelsat for the delivery of OneWeb LEO (Low Earth Orbit) connectivity alongside Intelsat’s GEO VSAT services.
Commencing in mid-2024, the deal is valued at up to $500 million over seven years. This includes an initial commitment of $250 million (inclusive of a $45 million deal signed in March 2023), with options for a further $250 million by the end of the period.
The deal will enable Intelsat to combine services on OneWeb’s LEO Network with its GEO and terrestrial networks to deliver combined connectivity packages to the market.
As part of the partnership, Intelsat will also provide input into the build-out of the next generation OneWeb constellation to further improve the network.
“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,” said Dave Wajsgras, Chief Executive Officer of Intelsat.
“(This) 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.”
