Artist’s rendition of the Eutelsat Quantum class satellite. Photo: Airbus Defence and Space
Eutelsat Communications pushed back the launch of its EUTELSAT QUANTUM satellite to the third quarter of the 2021 calendar year. This is the second time the operator rescheduled the QUANTUM satellite launch, after it was pushed last quarter, as well.
Eutelsat announced the move in its 2020-21 third quarter fiscal report. The operator’s revenue for the quarter was down 6.1% on a year-over-year basis, which was in line with expectations. Overall revenue in Q3 was 294.4 million euros ($357.7 million).
Broadcast, Eutelsat’s largest segment by far, saw a 6.8% drop in Q3 compared to the same quarter last year. Third quarter Broadcast revenues amounted to 182 million euros ($221 million), comprising 62% of overall Eutelsat revenues. Eutelsat cited contract renegotiations with Greece’s