Eutelsat secures 1 billion euros financing for Oneweb Satellite Procurement

Eutelsat Communications SA

11/02/2026 06:45

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)

 ((Jerome.Terroy@thomsonreuters.com;))