Airbus U.S. Space & Defense has finalized a deal with Eutelsat OneWeb to acquire its 50% share of the Airbus OneWeb Satellites (AOS) joint venture. This acquisition makes Airbus the sole owner of AOS and its satellite manufacturing facility in Merritt Island, Florida, also known as the Space Coast.
The AOS joint venture was initially established in 2016 and has successfully built over 600 satellites, producing two satellites per day. These satellites form OneWeb's first generation constellation, which is currently operational in orbit.
Airbus U.S. Space & Defense recently reconfigured the Merritt Island factory to accommodate its Arrow450 production line, which focuses on Low Earth Orbit full electric satellite platforms. The company is now embarking on an expansion project to meet the growing demand for small satellites from both commercial and government customers.
"This agreement strengthens our position as a market leader in the small satellite constellation business, building upon our successful partnership with OneWeb," stated Robert Geckle, Chairman and CEO of Airbus U.S. Space & Defense. He further added, "We are excited about the future prospects on Florida's Space Coast as we continue to mass produce small satellites for our customers."
Eutelsat and OneWeb merged in July 2023, with OneWeb shareholders holding a 50% stake in Eutelsat. The UK government, which previously held a 19.3% share in OneWeb, will retain certain rights, including procurement, the location of the headquarters, and the ability to veto customers based on national security concerns.
OneWeb will maintain its name and continue its role in low orbit satellites, while Eutelsat will continue to operate geostationary satellites.
Source: Airbus / Max Alexander
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