Eutelsat
Eutelsat (EPA: ETL) is a publicly traded Satellite Comms & Direct-to-Device company founded in 1977 and based in Paris, France.
Eutelsat was founded in 1977 as the European Telecommunications Satellite Organization, an intergovernmental body set up by 17 European countries, and moved its operations into the private company Eutelsat S.A. in July 2001. Headquartered in Paris, it merged with OneWeb in September 2023, and the combined Eutelsat Group operates 31 geostationary satellites and a low-Earth-orbit constellation of more than 600 satellites, with more than 1,600 employees. It earns revenue by leasing satellite capacity for television broadcasting and selling consumer broadband and managed connectivity to enterprise and government customers. For the fiscal year ended June 30, 2026, revenue totaled €1.236 billion; LEO revenue reached €297 million, up 69.5% like-for-like, and made up 25% of the total. The French state holds 29.65% of its equity. Jean-François Fallacher, formerly CEO of Orange France, became CEO on June 1, 2025. Eutelsat trades on Euronext Paris and the London Stock Exchange under the ticker ETL.
Eutelsat's OneWeb constellation gives European governments and businesses a low-Earth-orbit broadband network outside SpaceX and Amazon. On Sept. 10, 2026, it authorized Airbus to build 229 more OneWeb satellites, about €1 billion of investment, bringing its replacement order to 669, and Airbus completed an initial batch of 32 on Oct. 2, 2026, for a SpaceX launch. Eutelsat, SES and Hispasat lead the SpaceRISE consortium developing the EU's 348-satellite IRIS² constellation.
At a glance
Total raised
Undisclosed
Headcount
1k-5k
Headquarters
Paris
FranceFounded
1977
Status
Public
Subsector
Space Tech, ranked
Top 25 Space Tech companies →Funding history
Total raised
—
Rounds tracked
0
No dated funding rounds on file. This company is privately held and may be raising or operating on undisclosed capital.
