SES has included Intelsat’s revenues for the first quarter (and the combined company’s third-quarter) which have been consolidated since July 17th, in reporting the results for the three and nine month periods to September 30th. Its revenue of €1.74 billion (+19.8 per cent y-o-y) and Adjusted EBITDA of €849 million (+11 per cent y-o-y). Its […]

The latest pair of O3b mPOWER satellites was successfully launched into space by a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida, United States, at 5:12 pm local time, SES announced July 22nd. These two new satellites enhance global coverage and bring incremental capacity to scale up services provided by SES’s […]

SpaceX gave its SES client a heart-stopping moment when it aborted the launch of a Falcon 9 rocket with just 11 seconds left before its planned lift-off. SpaceX extended the July 21st launch window by an extra 90 minutes in an attempt to fix the glitch but at the end of a long day, it […]

Weather permitting, SpaceX will launch two O3b mPOWER satellites today (July 21st) for SES. The Boeing-built satellites are number 9 and 10 in the mPOWER fleet. SpaceX is using a ‘flight proven’ booster stage which will be the sixth flight for the rocket. The O3b satellites are high-throughput and very adaptable craft which feature Boeing’s […]

Luxembourg-based satellite operator SES says its overall revenue for the 2024 full year achieved a “solid financial performance leading to revenue at the top end of the financial outlook and exceeding SES’s objectives.” Overall revenue was at €2.001bn, down 0.9 per cent YOY. The operator’s Networks division saw revenue grow +2.9 per cent YOY with […]

Satellite operator SES has reported €978 million in H2 revenues, down 0.6 per cent y-o-y. 2024 revenue outlook (of €1.94 billion – €2 billion) remains unchanged. CEO Adel Al-Saleh said that the company’s acquisition of Intelsat is “on track” and remains due to close later next year. “The entry of O3b mPOWER into commercial service […]

Gilat Satellite Networks, a specialist in satellite networking technology, solutions and services, has announced that its SkyEdge IV platform is enabling SES’s O3b mPower System to deliver high-performance connectivity services. SkyEdge IV is Gilat’s next-generation multi-service platform. It is the industry’s first VSAT platform enabling multi-orbit operations supporting service deployment utilising MEO and GEO Very […]

SES has announced that O3b mPOWER, its second-generation software-enabled satellite system, is now operational and can provide high-performance connectivity services around the globe. With the first six O3b mPOWER satellites operating at medium Earth orbit (MEO) or 8,000km away from the Earth and with extensive ground infrastructure built around the world, SES will be introducing […]

April 18th saw satellite operator issue its annual dividend payments (of €0.50 per share) to shareholders. That’s the good news. The bad news is that there was the usual post-dividend share sell-off, but this year’s decline was significant. SES’s Paris bourse share price has fallen 12.5 percent over the past week to €5.53 and at […]

SES is having a strong trading year. Its revenue for 2023 was €2.03 billion, and ahead of expectations despite its Video division suffering a -4.4 per cent fall in revenue to €607 million. But its Networks division is still showing solid growth – up 6.1 per cent to €1.06 billion). But the headline news is […]