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Eutelsat and Mitsubishi Heavy Industries’ agreement for multiple H3 launches

September 18, 2024

Rendering of the H3 launch vehicle. Photo: JAXA

Eutelsat Group (ISIN: FR0010221234 – Euronext Paris / London Stock Exchange: ETL), and Mitsubishi Heavy Industries Ltd. (“MHI”), have signed an agreement for multiple launches. Under the terms of the agreement, MHI will provide multiple launches by an H3 launch vehicle from 2027.

This is the first agreement between Eutelsat and MHI, and today’s announcement cements the growing partnership between both companies.

Photo credit: Mitsubishi Heavy Industries, Ltd

Eutelsat has consistently worked with leading launch providers to deliver its fleet into orbit and this latest agreement brings additional diversity and additional opportunities to launch Eutelsat’s satellites in the coming years.

Arlen Kassighian, Chief Engineering Officer of Eutelsat Group, said: “We are delighted to inaugurate our relationship with MHI with this multi-launch agreement. Access to space is critical for operators like Eutelsat, and we are excited to add MHI to our portfolio of launches, knowing that we can rely on its outstanding track record and technology to deliver our satellites into orbit.”

Iwao Igarashi, Vice President and Senior General Manager of Space Systems at MHI, said: “MHI deeply appreciates the honor of entering into the first launch agreement with Eutelsat, the global leading satellite operator, and being selected as their launch partner to deploy their satellites. MHI is committed to delivering highly reliable and transparent launch services for its customers, that build market trust through the accumulation of successful launches. We look forward to developing a long-lasting and mutually beneficial partnership with Eutelsat.”

Filed Under: Contracts & Commercial Deals, LEO Constellations

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