Eutelsat has announced the termination of capacity contracts for the Express AT1 and AT2 satellites, both owned and operated by the Russian operator RSCC, reducing Eutelsat's geostationary (GEO) fleet to 31 satellites.
The group explained that this termination follows the malfunction of RSCC's Express AT1 satellite located at 56° East and the scheduled repositioning of the Express AT2 satellite from its current position at 140° East.
Eutelsat noted that it had entered into contracts with RSCC for capacity provided by these satellites to complement the coverage provided by its own Eutelsat 36C and 36D satellites positioned at 36° East.
This termination will have a limited impact on the group's revenue, in the low single-digit millions range, and will have virtually no impact on EBITDA for the 2025-26 fiscal year. It does not call into question any of the components of its financial targets.
Eutelsat Communications is a global leader in satellite communications, delivering connectivity and broadcast services worldwide. The group was formed through the combination of Eutelsat and OneWeb in 2023, becoming the first fully integrated GEO-LEO satellite operator with a fleet of 35 geostationary (GEO) satellites and a Low Earth Orbit (LEO) constellation of more than 600 satellites.
The group addresses the needs of customers in four key verticals of Video, where it distributes more than 6,500 television channels, and the high-growth connectivity markets of Mobile Connectivity, Fixed Connectivity, and Government Services. Eutelsat Group's unique suite of in-orbit assets and on-ground infrastructure enables it to deliver integrated solutions to meet the needs of global customers.
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