Business Wire

Intelsat Advances Multi-Orbit Strategy with Expansion of Eutelsat Group LEO Agreement

Share

Intelsat today announced a strategic advance in its service capabilities through an expanded partnership with Eutelsat Group related to that company’s OneWeb low-earth orbit (LEO) constellation. The deal is a significant development for multi-orbit satellite connectivity solutions and positions Intelsat at the forefront of the next wave in global connectivity.

The arrangement provides a commitment of $250 million for LEO service over the first six years, with an option for an additional $250 million. This agreement will increase and further integrate LEO capabilities into Intelsat's solutions offerings across its current and future customer base.

“We’ve been partnering with Eutelsat for quite some time now, leveraging its OneWeb LEO constellation to offer a multi-orbit solution, primarily in commercial aviation," said Dave Wajsgras, CEO of Intelsat. “We’re now seeing so many additional opportunities for customers to benefit from multi-orbit solutions. We believe it’s in Intelsat’s interests, Eutelsat’s interests, and our customers’ interests for us to expand the partnership that’s already in place – one that is working well and has strong demand.”

As part of the partnership, Intelsat will cooperate with Eutelsat in the development of its Next Generation OneWeb constellation – providing direct design and functionality input to help ensure that the new constellation will have the capabilities to meet real-world customer needs going forward.

Eva Berneke, Chief Executive Officer of Eutelsat Group, said, “This expanded partnership with Intelsat represents a strong vote of confidence in the capabilities of the OneWeb constellation, today and well into the future, and it showcases the necessity in today’s world for major satellite operators to have the ability to offer multi-orbit solutions to their customers.”

Intelsat’s Wajsgras added, “Our team is convinced that pairing Intelsat’s experience and our GEO and terrestrial network with the capabilities we will access via Eutelsat Group’s OneWeb LEO network will enable Intelsat to deliver the absolute best and most comprehensive customer solutions supporting networks, government and mobility sectors and fueling our robust growth trajectory.”

About Intelsat

Intelsat’s global team of professionals is focused on providing seamless and secure, satellite-based communications to government, NGO and commercial customers through the company’s next-generation worldwide network and managed services. Bridging the digital divide by operating one of the world’s largest and most advanced satellite fleet and connectivity infrastructures, Intelsat enables people and their tools to speak over oceans, see across continents and listen through the skies to communicate, cooperate and coexist. Since its founding six decades ago, the company has been synonymous with satellite-industry “firsts” in service to its customers and the planet. Leaning on a legacy of innovation and focusing on addressing a new generation of challenges Intelsat team members now have their sights on the “next firsts” in space as they disrupt the field and lead in the digital transformation of the industry.

Follow Us on Social Media:

X | LinkedIn | Instagram | YouTube

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Melissa Longo - melissa.longo@intelsat.com; +1 240-308-1881

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Kai Tak Sports Park Limited and ASM Global Begin Countdown to Unveiling of World’s Largest Sports Development in History17.4.2024 16:00:00 EEST | Press release

The Hong Kong Special Administrative Region Government, ASM Global and Kai Tak Sports Park Limited (KTSPL) — which is a subsidiary of New World Development — as part of a multiyear strategy, have announced a late winter testing period for Kai Tak marking the culmination of a near decade-long record $4 billion project creating the premiere sports, recreation, entertainment complex on Earth. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240417546819/en/ PLAY BALL – Kai Tak Sports Park, the largest and most ambitious sports-development and entertainment district in the world, is being managed by ASM Global. (Photo: Business Wire) ASM Global, as the lead operator, has been on the ground in Hong Kong working for over five years supporting the design, programming and construction of Kai Tak Sports Park, featuring many of the world’s most advanced state-of-the-art venues and is now prepping for pre-opening activities in advance of

Qualcomm Announces Quarterly Cash Dividend17.4.2024 16:00:00 EEST | Press release

Qualcomm Incorporated (NASDAQ: QCOM) today announced a quarterly cash dividend of $0.85 per common share, payable on June 20, 2024, to stockholders of record at the close of business on May 30, 2024. About Qualcomm Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Our proven solutions drive transformation across major industries, and our Snapdragon® branded platforms power extraordinary consumer experiences. Building on our nearly 40-year leadership in setting industry standards and creating era-defining technology breakthroughs, we deliver leading edge AI, high-performance, low-power computing, and unrivaled connectivity. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority o

Games Global Announces Filing of Registration Statement for Proposed Initial Public Offering17.4.2024 15:17:00 EEST | Press release

Games Global Limited (“Games Global”), a leading developer, distributor and marketer of innovative online casino-style gaming content and integrated business-to-business solutions to iGaming operators globally based on the size of its studio network, announced today that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its ordinary shares. The timing of the offering, number of shares to be offered and the price range for the proposed offering have not yet been determined. Games Global has applied to list its ordinary shares on the New York Stock Exchange under the symbol "GGL". J.P. Morgan, Jefferies and Macquarie Capital are acting as joint book-running managers for the proposed offering. Barclays is acting as bookrunner for the proposed offering. The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to the propo

Alpega Group Recognized as a Challenger in the 2024 Gartner® Magic Quadrant™ for Transportation Management Systems17.4.2024 15:00:00 EEST | Press release

Alpega, a global leader in logistics SaaS software, announces its recognition as a Challenger in the 2024 Gartner Magic Quadrant for Transportation Management Systems (TMS). We believe this acknowledgment underscores Alpega’s unwavering commitment to delivering cutting-edge solutions tailored to meet the evolving demands of the transportation industry. The Gartner report evaluates vendors based on their completeness of vision and ability to execute. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240417652913/en/ (Photo: Alpega) Alpega serves global customers with deployments in all geographies, addressing diverse sectors such as automotive, retail, fast-moving consumer goods, and manufacturing, Alpega places significant emphasis on fostering collaboration with carriers, optimizing transportation procurement, and championing environmental, social, and governance (ESG) initiatives. Backed by a history of exceptional customer r

Wolters Kluwer announces two senior executive appointments17.4.2024 15:00:00 EEST | Press release

Wolters Kluwer, a global leader in information, software, and services for professionals, today announced Atul Dubey as General Manager of its Finance, Risk and Regulatory Reporting (FRR) business, part of its Corporate Performance & ESG (CP & ESG) division. Suzanne Konstance will succeed Dubey as General Manager of Wolters Kluwer Legal & Regulatory U.S, part of the company’s Legal & Regulatory division, effective May 1. Karen Abramson, CEO of Wolters Kluwer CP & ESG, commented: “Atul’s deep understanding of the financial regulatory and risk landscape will be critical strengths as he takes this global leadership role for Wolters Kluwer FRR, driving growth and relentless innovation for our clients.” Wolters Kluwer FRR’s award-winning OneSumX suite of solutions support financial institutions through innovative technology that enables and empowers clients to stay compliant with everchanging regulatory requirements, manage uncertainty through financial risk management offerings and drive e

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
HiddenA line styled icon from Orion Icon Library.Eye