PARIS--(BUSINESS WIRE)--
Regulatory News:
Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) and Türksat announce a new multi-million-dollar, multi-year agreement between for Ka band services on Eutelsat’s KONNECT VHTS satellite. Under the agreement, Türksat will leverage multiple beams over Europe to provide services to airlines.
Türksat is one of the world's leading satellite operators, delivering multiple satellite connectivity solutions over its own fleet, as well as third party satellites.
KONNECT VHTS entered into service in October 2023 to address the European fixed broadband and in-flight connectivity verticals. With Ka-band capacity of 500 Gbps, KONNECT VHTS embarks the most powerful on-board digital processor ever put in orbit, offering capacity allocation flexibility, optimal spectrum use, and progressive ground network deployment.
Eva Berneke, Chief Executive Officer of Eutelsat said: “We are honored to be selected by Türksat to reinforce its aero mobility offer. KONNECT VHTS is one of the most advanced satellites in our GEO connectivity fleet, specifically designed to address the European inflight connectivity market. We look forward to partnering with Türksat as an anchor customer on KONNECT VHTS as its deploys its capabilities in the mobility market.”
Ahmet Hamdi ATALAY, General Manager of Türksat added: “Türksat has been strengthening its capability to offer Aero services in in-flight connectivity verticals by expanding its reach via KONNECT VHTS. This agreement will enable us to provide more reliable and uninterrupted IFC services for our Aero clients that have so many destinations over Europe. I believe that this cooperation will pave the way for new opportunities that will empower Türksat as one of the leading service providers in IFC market.”
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About Eutelsat Group
Eutelsat Group is a global leader in satellite communications, delivering connectivity and broadcast services worldwide. The Group was formed through the combination of the Company and OneWeb in 2023, becoming the first fully integrated GEO-LEO satellite operator with a fleet of 35 Geostationary 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 ground infrastructure enables it to deliver integrated solutions to meet the needs of global customers. The Company is headquartered in Paris and the Eutelsat Group employs more than 1,500 people across more than 50 countries. The Group is committed to delivering safe, resilient, and environmentally sustainable connectivity to help bridge the digital divide. The Company is listed on the Euronext Paris Stock Exchange (ticker: ETL) and the London Stock Exchange (ticker: ETL)
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DISCLAIMER
The forward-looking statements included herein are for illustrative purposes only and are based on management’s views and assumptions as of the date of this document. Such forward-looking statements involve known and unknown risks. For illustrative purposes only, such risks include but are not limited to: risks related to the health crisis; operational risks related to satellite failures or impaired satellite performance, or failure to roll out the deployment plan as planned and within the expected timeframe; risks related to the trend in the satellite telecommunications market resulting from increased competition or technological changes affecting the market; risks related to the international dimension of the Group's customers and activities; risks related to the adoption of international rules on frequency coordination and financial risks related, inter alia, to the financial guarantee granted to the Intergovernmental Organization's closed pension fund, and foreign exchange risk. Eutelsat Communications expressly disclaims any obligation or undertaking to update or revise any projections, forecasts or estimates contained in this document to reflect any change in events, conditions, assumptions, or circumstances on which any such statements are based, unless so required by applicable law. The information contained in this document is not based on historical fact and should not be construed as a guarantee that the facts or data mentioned will occur. This information is based on data, assumptions and estimates that the Group considers as reasonable.
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