Eutelsat
ETL.PAEutelsat (Euronext Paris: ETL) is a leading French satellite operator founded as an intergovernmental organization in 1977 and privatized in 2001.
- Founded
- 1977
- Headquarters
- Paris, France
- Stage
- Public
- Ownership
- Listed
- Market cap
- $2.55B-13.4% 30d
Quick Facts
About Eutelsat
Eutelsat (Euronext Paris: ETL) is a leading French satellite operator founded as an intergovernmental organization in 1977 and privatized in 2001. The company completed a merger with OneWeb in 2023, creating Eutelsat Group — a combined GEO and LEO operator with 31 geostationary satellites plus the 600-plus-satellite OneWeb LEO broadband constellation. The merger positions Eutelsat as the third-largest satellite operator by revenue globally, after SES and Intelsat (now SES-owned).
Eutelsat's GEO fleet provides video broadcasting services to broadcasters across Europe, Africa, and the Middle East (including nearly 7,000 TV channels), plus government and enterprise broadband. The OneWeb LEO constellation targets enterprise, government, and aviation connectivity with fiber-like latency. Following the merger, Eutelsat faces the execution challenge of integrating two very different businesses while managing heavy debt from the OneWeb acquisition.
Products and product lines
| Product | Line | Note |
|---|---|---|
| GEO satellite fleet | Geostationary broadcast & broadband | 31 geostationary satellites delivering video and broadband across Europe, Africa and the Middle East, per Eutelsat's own company profile. |
| OneWeb | LEO broadband constellation | 600+ satellite low-Earth-orbit constellation for enterprise, government, maritime and aviation connectivity, being expanded with 340 additional satellites ordered from Airbus. |
| IRIS² | EU sovereign connectivity programme (in development) | Eutelsat leads the LEO segment of the EU's IRIS² multi-orbit programme, committing €2.23 billion to shared infrastructure and €1.16 billion to commercial infrastructure between 2027 and 2034. |
| HOTBIRD | DTH video neighbourhood | Flagship direct-to-home broadcast position distributing thousands of TV channels across Europe, the Middle East and North Africa. |
| FRANSAT | Consumer DTH platform | French free-to-air satellite TV platform; will carry France Télévisions' 4K-UHD broadcast of the 2026 Winter Olympics. |
| Government & defense connectivity | Military/government satcom | LEO manpack terminals and Mil-Ka/Ku IRIS² satellites planned for defense and government users. |
Timeline
- 2025 Jean-François Fallacher, formerly CEO of Orange France, Orange Spain, Orange Poland and Orange Romania, becomes Eutelsat Group CEO in June, succeeding Eva Berneke. [source]
- 2025 Éric Labaye is appointed independent Chairman of Eutelsat Communications on 4 August, succeeding Dominique D'Hinnin. [source]
- 2025 Eutelsat launches an €828 million reserved capital increase on 18 November, with the French State, Bharti Space, the UK Government, CMA CGM Participations and Fonds Stratégique de Participations subscribing at €4.00 per share as part of a planned €1.5 billion capital raise. [source]
- 2025 Eutelsat completes a roughly €670 million rights issue on 12 December, finalizing the €1.5 billion capital raise intended to fund LEO/IRIS² investment and accelerate deleveraging toward a target leverage ratio of about 2.5x. [source]
- 2026 Eutelsat signs nearly €1 billion in export credit agency financing, guaranteed by Bpifrance Assurance Export, to procure 340 additional OneWeb LEO satellites from Airbus, announced 11 February. [source]
- 2026 Eutelsat is named to lead the LEO segment of the EU's IRIS² sovereign connectivity programme, committing €2.23 billion in shared infrastructure and €1.16 billion in commercial infrastructure investment through 2034, announced 7 August. [source]
- 2026 Eutelsat reports full-year 2025-26 revenue of €1,235.9 million (down 0.6% reported, up 3.0% like-for-like), with LEO revenue up 69.5% to €297 million, representing 25% of total revenue, on 7 August. [source]
Jean-François Fallacher (CEO), Éric Labaye (Chairman)
Team
Signals
- Market cap, 90 days
- -36.4%
- Verification
- Verified 2026-09-09
Categories & Capabilities
Industry Categories
Stock Performance
ETL.PA · Daily close data
Funding
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Frequently asked about Eutelsat
Quick answers to the questions readers most often search for.
- When was Eutelsat founded?
- Eutelsat was founded in 1977 in France.
- Where is Eutelsat headquartered?
- Eutelsat is headquartered in Paris, France.
- What does Eutelsat do?
- Eutelsat (Euronext Paris: ETL) is a leading French satellite operator founded as an intergovernmental organization in 1977 and privatized in 2001. The company completed a merger with OneWeb in 2023, creating Eutelsat Group — a combined GEO and LEO operator with 31 geostationary satellites plus the 600-plus-satellite On…
- Is Eutelsat publicly traded?
- Yes. Eutelsat trades under the ticker ETL.PA on Paris.
- What sector does Eutelsat operate in?
- Eutelsat works in satellite communications and Satellite operators.
Sources
The structured fields on this page (founding year, location, sector, status, listing) and the profile text are drawn from the sources below. How profiles are drafted and checked is described in our methodology.
- Official website (eutelsat.com)
- Market data via Yahoo Finance (ETL.PA) · retrieved 2026-09-14
- Company LinkedIn page
- Wikidata / Wikipedia · retrieved 2026-09-04
- Eutelsat corporate site: Corporate Governance (CEO/Chairman) · retrieved 2026-09-09
- Eutelsat: Eric Labaye appointed as Chairman of Eutelsat (4 Aug 2025) · retrieved 2026-09-09
- Eutelsat: Eutelsat launches a c.€828 million Reserved Capital Increase (18 Nov 2025) · retrieved 2026-09-09
- Eutelsat: Eutelsat announces the success of its c.€670 million rights issue (12 Dec 2025) · retrieved 2026-09-09
- Eutelsat: Eutelsat signs almost €1bn in Export Credit Agency financing (11 Feb 2026) · retrieved 2026-09-09
- Eutelsat: Eutelsat to play central role delivering next phase of Europe's sovereign IRIS² (7 Aug 2026) · retrieved 2026-09-09
- Eutelsat: Full Year 2025-26 Results (7 Aug 2026) · retrieved 2026-09-09
- Eutelsat corporate site: About Eutelsat (employee count, GEO satellite count) · retrieved 2026-09-09
Data Accuracy Notice: Information about Eutelsat is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.