Eutelsat OneWeb

Scott, thank you for teeing that up.

Um, Eutelsat announced that it ordered 229 additional OneWeb satellites from Airbus in order to extend its low Earth orbit broadband constellation.

Uh, that's in addition to the previous Airbus order for 440 satellites.

And if you're not familiar, Eutelsat Satellite is a European satellite operator.

Uh, they recently merged with OneWeb, which is also a satellite operator.

Um, the added OneWeb satellites will include more advanced onboard processing capabilities than the 440 spacecraft already on order.

Eutelsat also said it signed an auth- authorize- authorization to proceed, covering initial industrial activities for the satellites, with that expected one billion euro cost, uh, delivery to run through 2034.

Um, so if they get all of these satellites that they've ordered into space, that's 600 satellites.

Scott, thank you for teeing that up.

Um, Eutelsat announced that it ordered 229 additional OneWeb satellites from Airbus in order to extend its low Earth orbit broadband's constellation.

Uh, that's in addition to the previous Airbus order for 440 satellites.

And if you're not familiar, Eutelsatellite is a European satellite operator.

Uh, they recently merged with OneWeb, which is also a satellite operator.

Um, the added OneWeb satellites will include more advanced onboard processing capabilities than the 440 spacecraft already on order.

Eutelsat also said it signed an auth- authorize- authorization to proceed covering initial industrial activities for the satellites, with that expected one billion euro cost, uh, delivery to run through 2034.

Um, so if they get all of these satellites that they've ordered into space, that's 600 satellites.

So this is a lot more in line with what we've been seeing, uh, where a large prime like Airbus is being contracted through an operator like Eutelsat to provide satellites for this constellation.

There's a couple interesting things about this, not just because it's smaller than Aerospace Lab, and Airbus is a much bigger company, uh, but because, you know, it, it calls out Eutelsat, which, you know, they're, they owned OneWeb at one point, although they've kind of divested from them over time.

Um, and these Airbus satellites are basically the OneWeb architecture, but being operated through Eutelsat.

So there's still some intermingling there between all these companies.

There is a slight difference in these satellites that Airbus will be provided, providing, uh, in that they are basically two OneWebs kind of duct-taped together.

Uh, that should kind of improve the power and, uh, the payload capacity on these satellites without making for too much NRE on behalf of Airbus.

Uh, it comes as an interesting, interesting time.

Uh, Airbus, like a month ago, announced that they were selling their integration facility in Florida, which is where they kind of integrated a lot of the Airbus because they were launching out of Cape Canaveral.