The IRIS2 project for hundreds of satellites was confirmed December 16th with the signing of contracts worth €10.6 billion with the SpaceRISE consortium. The consortium, led by satellite operators SES, Eutelsat and Hispasat, is now contracted to build – via sub-contractors – and operate the new highly-secure fleet of satellites. The contract covers a 12-year […]
Two satellites owned by SES of Luxembourg have had their launch by SpaceX much delayed because of bad weather at Cape Canaveral. SES has stated that such weather delays are common, with launch dates typically being more of an estimated timeframe rather than a fixed schedule. A new launch date is expected to be set […]
SES is trimming staff at its Luxembourg HQ. Local press reports, quoting union representatives, say that the satellite giant is cutting 68 jobs which is fewer than earlier planned. The two staff unions (OGBL and LCGB) had previously talked of up to 80 jobs being cut. “As part of the negotiations with the unions, the […]
A SpaceX Falcon 9 rocket is scheduled to launch two O3b/mPOWER satellites into orbit of December 13th for Luxembourg-based satellite operator SES. The launch will take place from Kennedy Space Center subject to the usual weather limitations. Launch time will open at 12.55 Florida time. Both satellites feature redesigned payload power modules from Boeing and […]
Telebras has selected SES, along with other partners, to support the implementation of Brazil’s Electronic Government Programme — Citizen Assistance Service (GESAC). The partnership between the companies enabled the implementation of the Managed Enterprise solution across more than 1,500 sites in public institutions, schools, libraries, telecenters, health units, indigenous villages and rural settlements across the […]
The rise of constellations, the boom in data exchanges, and the integration and digitisation of networks are reshaping ground segment activity. Innovation is driving a transformation of the ecosystem, with ongoing and expected transactions on both the demand and supply sides. Novaspace’s fifth edition of its Ground Segment Market Prospects report projects the competitive ground […]
November 7th saw satellite operator SES present its latest set of numbers. By and large the all-important analysts thought they were solid, and there was an initial uptick with share prices jumping from €3.50 to €3.81. But within a few hours that optimism had vanished and SES suffered the ignomany of falling to a 52-week […]
Sami Kassab, an equity analyst at investment bank BNP/Paribas, summed up the latest (Q3 and year-to-date) revenue numbers from satellite operator SES and describing them as “solid… and ahead of consensus”. His comments were made despite the ever-declining income from SES’s once-vital Video division. But even in Video there was an improvement (-3 per cent […]
SES says it has extended its multi-year contracts with Austria’s largest media provider and public broadcaster ORF and its content distribution subsidiary ORS Group on SES’s prime TV neighbourhood at 19.2 degrees East. The news completes a triple set of announcements this week from SES on recent contract extensions including Warner Bros Discovery, and Telekom […]
SES will unveil its latest quarterly results on November 7th and on top of its renewal and expansion capacity announcement for Telekom Srbija comes a similar deal with Warner Bros Discovery (WBD) in a multi-year contract renewal. Under the agreement, SES will provide playout services and satellite capacity to deliver WBD’s SD and HD channels […]