Eutelsat's revenues have surged in Low Earth Orbit (LEO) satellite services, influenced by government interest in reducing dependence on US vendors. The company's fiscal 2025 report showed total revenue of €1.244 billion, with LEO revenue increasing by 84.1 percent to €186.8 million. Government Services revenue grew by 24.1 percent to €211 million, reflecting demand for LEO-enabled solutions, particularly in Ukraine. A significant €1 billion agreement with France's Armed Forces and a capital increase aim to expand Eutelsat's LEO network. Increased geopolitical tension has expedited these shifts towards Eutelsat's offerings.
Eutelsat's total revenue for fiscal 2025 was €1.244 billion, a 1.6 percent increase from the previous year, with LEO revenue surging 84.1 percent to €186.8 million.
A €1 billion framework agreement with France's Armed Forces Ministry for LEO satellite services illustrates Eutelsat's growing traction with sovereign customers amid evolving geopolitical conditions.
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