Finance
Eutelsat secures 1 billion euros financing for Oneweb Satellite Procurement
Published by Global Banking & Finance Review®
Posted on February 11, 2026
1 min readLast updated: February 11, 2026
Quick Summary
Eutelsat secures €1 billion in financing for OneWeb satellites, backed by a French state guarantee and involving a contract with Airbus for 340 satellites.
Eutelsat Secures €1 Billion Financing for OneWeb Satellite Deal
Eutelsat's Financing for OneWeb Satellite Procurement
Feb 11 (Reuters) - Eutelsat has secured about 1 billion euros ($1.2 billion) in export credit financing to fund the procurement of low Earth orbit satellites for its OneWeb constellation, it said on Wednesday.
The financing, backed by a French state guarantee, will support a contract with Airbus for 340 satellites, subject to conditions including a bond issuance by Eutelsat Communications, the company said.
($1 = 0.8389 euros)
(Reporting by Jerome Terroy)
Key Takeaways
- •Eutelsat secures €1 billion in export credit financing.
- •Financing supports OneWeb satellite procurement.
- •Contract involves 340 satellites with Airbus.
- •French state guarantee backs the financing.
- •Eutelsat requires bond issuance for the deal.
Frequently Asked Questions about Eutelsat secures 1 billion euros financing for Oneweb Satellite Procurement
1What is a satellite constellation?
A satellite constellation is a group of satellites working together to provide coverage over a specific area or for a specific purpose, such as communication or navigation.
