Airbus Closed 2020 With Intelsat OneSat Order, Forecasts More Deals This Year
Last year, Airbus had the target of selling three of its new flexible OneSat satellites to customers around the world. Between January 1st 2020 and December 30th 2020, it had only sold one and was in danger of missing a key target. But on Dec 31, Airbus signed a two-satellite deal with Intelsat, hitting its target literally with hours to spare.
The satellites will be based on the Airbus OneSat product line, the latest generation of fully flexible, in-orbit reconfigurable, software-defined satellites. The OneSat satellites are designed to deliver the optimal balance between performance, flexibility and competitive cost per bit. The two next generation satellites will be delivered in 2023.
The satellites are likely to be launched in 2024, Jean-Marc Nasr, head of Airbus Space Systems, said conference call with journalists after the order was announced on Jan. 8.
Nasr was confident about the state of the satellite market today. He said the number of Geostationary (GEO) satellite orders in 2020 didn’t take a dip that could have been expected due to COVID. He said companies weren’t questioning investments and pulling out, and the pipeline for satellite orders remained stable and robust. Nasr is also confident there will be more deals signed in 2021, and that the market is not going to take any kind of significant dip. “My impression is that the GEO market is not going to slow down,” Nasr said.
Last year, Airbus also signed a deal for a fully reconfigurable telecoms satellite from Australia’s second largest telecommunications company and leading satellite operator Optus. The OneSat deal was Airbus’s first contract from Optus. Airbus also signed a three OneSat satellite deal with Inmarsat in May 2019.
Even though though these satellites ordered previously are a couple of years away from launching, Nasr expects Airbus to sign potentially another three OneSat orders in 2021, and said there is “real traction’ for the OneSat product range.
Steve Spengler, Intelsat’s CEO said in the release that Intelsat’s investment in Airbus software-defined satellites “marks an important first step in evolving the world’s largest, most resilient, integrated space and ground network.” He also said this satellite will enable GoGo Commercial Aviation in-flight broadband services, and other managed services for Intelsat customers.