Airbus(US:EADSY) 财联社·2026-01-12 16:07Core Viewpoint - Eutelsat, known as the European version of "Starlink," has seen its stock rise over 9% following the announcement of an additional satellite order from Airbus, increasing its total satellite procurement to up to 440 units [1][3]. Group 1: Satellite Order and Financial Implications - Eutelsat has signed a contract with Airbus to manufacture an additional 340 OneWeb low Earth orbit (LEO) satellites, bringing the total order to a maximum of 440 satellites, including an initial order of 100 satellites for 2024 [3]. - The new satellites will be produced at Airbus's new production line in Toulouse, France, with deliveries expected to start by the end of 2026. The financial terms of the contract have not been disclosed, but Eutelsat previously estimated the total cost for continuing the OneWeb constellation operations from 2024 to 2029 to be between €2 billion and €2.2 billion [3]. Group 2: Technological Advancements and Market Position - The upgraded satellites will feature advanced digital channelizers, significantly enhancing on-board processing capabilities and improving system efficiency and flexibility. Eutelsat will also explore new business opportunities through the increased payload capacity of these satellites [7]. - Eutelsat's OneWeb is one of only two fully operational LEO satellite networks globally, the other being SpaceX's Starlink. However, Eutelsat focuses on B2B services and operates with significantly fewer satellites compared to Starlink [7]. Group 3: Market Performance and Historical Context - The recent order provides a positive outlook for Eutelsat, which has faced volatility over the past year. The company experienced a dramatic stock increase from €0.9 to a peak of €7.24 in just four days last March due to speculation about potentially replacing Starlink in Ukraine, followed by a subsequent decline of over 70% [8]. - As of the latest data, Eutelsat's market capitalization is slightly above €2.4 billion, reflecting the impact of previous stock fluctuations and investor sentiment [8].