LA PLATA, Maryland — Committed backlog for the OneWeb constellation of broadband satellites has stagnated in recent months, but OneWeb owner Eutelsat Group still expects the service to reach EBITDA break-even by mid-2025.
Eutelsat remains in discussions with prospective contractors for OneWeb’s Gen 2 constellation, to be in orbit in 2027, and is also talking with several export-credit agencies (ECAs) about financing the work.
In an Oct. 26 investor call on Paris-based Eutelsat’s financial results for the three months ending Sept. 30, which is Q1 of Eutelsat’s fiscal year, Chief . . .
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