Eutelsat reported 300 million euros in total revenue for the three months to March 31, with a 10.2% year-on-year increase in government services revenue driven by LEO sales and demand from non-U.S. governments.
Revenue Amount
$300,000,000
Company Description
Eutelsat is a satellite operator focusing on geostationary (GEO) and low Earth orbit (LEO) satellite services, with a recent shift towards LEO connectivity through its OneWeb constellation. The company is navigating challenges in the GEO market while expanding its LEO offerings.