Located at a height of 36,000 km high of the equator, Geo satellites provide a large coating, but their markets decrease due to competition with low organ (Leo) systems such as OneWeB.
According to the results of the third financial quarter (until March 31), Eutelsat revenues were 300 million euros, which was 1.9% lower than last year. In relation to a change in the priorities of the new US administration and a decrease in expenses of the contract with the Pentagon, it has reduced the expansion level of state contracts to 50%. Without this loss, the indicator will reach 70%. Geo video set fell by 6.4%, mobile communication -2.7%.
Meanwhile, Eutelsat actively improves the Onebeb Leo-conflation, which is closer to the Earth and provides a lower signal delay that is requested for internet and communication.
Source: Ferra
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