Business
Contemplated Capital Increase of € 1.35 Billion, to Secure the Execution of Eutelsat Long-Term Strategic Vision, Anchored by the French State and Other Reference Shareholders
LONDON, June 19, 2025--Contemplated capital increase of € 1.35 billion, to secure the execution of Eutelsat long-term strategic vision
About this update from Eutelsat Communications Sa
[{"type":"text","content":"LONDON, June 19, 2025--(BUSINESS WIRE)--","length":40,"tagName":"p","attribs":{}},{"type":"text","content":"Eutelsat (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) announces a Contemplated capital increase of € 1.35 billion, anchored by key reference shareholders, to secure the execution of long-term strategic vision.","length":231,"tagName":"p"},{"type":"text","content":"Strong market momentum in the LEO-enabled connectivity market with significant long-term value creation potential","length":113,"tagName":"p"},{"type":"text","content":"Eutelsat is one of only two global operators with active commercial LEO (Low Earth Orbit) fleets and with a clear differentiation, being the only one exclusively focused on the B2B and B2G markets. While the global satellite connectivity market is expected to increase by 12% per annum between 2025 and 2029, the global LEO B2B connectivity market, valued at over $2.1 billion in 20251, is expected to grow at a 28% CAGR through 2029 and multiply its current size fivefold over the next eight years, offering significant short to long-term growth potential.","length":557,"tagName":"p"},{"type":"text","content":"The LEO revolution, both technological and industrial, has brought satellite communications into a new era, delivering affordable and ubiquitous connectivity at scale, with unprecedented customer experience for satcoms. This unlocks a huge market potential, from bridging the digital divide across all customer segments on a global basis, to unlocking numerous new use cases, such as mobility over land, sea and air. Barriers to entry into LEO – in particular access to, and the requirement to share spectrum secured by Eutelsat - mean only a limited number of players will participate in the massive growth ahead, creating compelling conditions for value creation.","length":665,"tagName":"p"},{"type":"text","content":"Eutelsat, the only GEO-LEO operator, and the only European operator with a fully operational LEO network, uniquely positioned to capture the momentum in the connectivity market","length":176,"tagName":"p"},{"type":"text","content":"Eutelsat is uniquely positioned to capture this market opportunity, thanks to its legacy, fully-invested high cash-flow generating GEO business, its operational scale, commercial momentum, and targeted focus on professional and institutiona...