Boeing has delivered two O3b mPOWER satellites to SES. The pair will be the ninth and tenth members of the O3b mPOWER fleet. The satellites, which feature Boeing’s fully software-defined payload technology to actively allot power to meet user needs, are now en route to Kennedy Space Center, Florida. for a planned launch this summer. […]

Analysts at investment bank Berenberg have reinstated coverage of satellite operator SES in a timely fashion and assuming a successful acquisition of Intelsat. Berenberg says it expects SES to extend its competitive advantage once it closes its acquisition of Intelsat later this year. Berenberg also believes SES will benefit from a rapidly changing geopolitical landscape […]

Lynk Global is a would-be global operator of a satellite-based ‘direct-to-mobile’ phone operation. Slam Corp, founded by former MLB star Alex Rodriguez, signed a merger agreement with Lynk in February 2024. That merger is now the subject of a formal complaint from Slam which argues that Lynk has failed to complete the merger. Consequently, Slam […]

Satellite operator SES has raised two €500 million bonds. SES, as is usual in these cases, says it shall apply the net proceeds of the Notes towards its general corporate purposes, including, without limitation (i) financing all or part of the purchase price of the acquisition of Intelsat Holdings (including the payment of fees, costs […]

The European Union has “unconditionally” approved the SES purchase of Intelsat (for €3.1 billion plus debt) and joins the UK’s decision to permit the acquisition to go through. Approvals from the US, including permissions to reassign Intelsat’s frequency licences to SES, are still outstanding. “The Commission concluded that the transaction would not raise competition concerns […]

SES has announced that its Board of Directors has appointed Elisabeth Pataki as Chief Financial Officer (CFO), effective June 16th. Pataki is a finance executive with over 20 years of experience at various publicly listed multi-national aerospace and defence companies with strong background in company transformation and investment strategies. She will succeed Sandeep Jalan who […]

SES looks set to gain unconditional European Union (EU) antitrust approval for its $3.1 billion (€2.7bn) deal to acquire rival Intelsat. The merger will receive the EU’s approval, reports Reuters, and the European Commission is scheduled to publish its own ruling by June 10th. The deal announced, first announced in April 2024, was recently given […]

SES has announced that the latest pair of O3b mPOWER satellites launched in December 2024 are now ready to offer services across the globe. Featuring redesigned payload power modules, the seventh and eighth O3b mPOWER satellites are bolstering the capabilities of SES’s second-generation medium earth orbit (MEO) system, supporting the delivery of high throughput and […]

O3b mPOWER, SES’s second-generation medium earth orbit (MEO) system, has been awarded the Platinum badge by the Space Sustainability Rating (SSR) Association. This is the highest possible SSR rating tier, and has been awarded to the O3b mPOWER constellation of 13 high-throughput and low-latency satellites, eight of which are already in orbit. The O3b mPOWER […]

The UK’s Competition and Markets Authority (CMA) has cleared the take-over of Intelsat by SES in its $3.1 billion move. However, while the UK’s anti-trust clearance is a major step forward for the deal, there are two other entities which also need to give their permissions in the form of the EU and US. The […]