Luxembourg, already a major investor in SES, has announced it will leverage capacity on the SES O3b mPOWER fleet for government usage extending to Europe and NATO demand for defence and disaster recovery. The agreement also says it will support further “strategic partnerships” between Luxembourg and the US. Luxembourg’s Deputy Prime Minister, Minister of Defence, […]
SES CEO Steve Collar, speaking following the successful launch on December 16th of two O3b/mPOWER satellites, says that its all-important backlog of orders for capacity on the mPOWER fleet has grown to €980 million, up from the €950 million confirmed earlier this year. The backlog covers the mPOWER fleet and usage on board its geostationary […]
United Launch Alliance (ULA) successfully launched two SES satellites into their geosynchronous transfer orbits on October 4th from their Cape Canaveral launch site. ULA used a massive Atlas-V Centaur rocket to carry its two craft. SES-20 and SES-21 are both Boeing-built all-electric craft and will be used to supply C-band television transmissions to cable and […]
The important addition to the SES fleet of satellites by its new mPOWER medium Earth orbiting craft has again been delayed. The news, perhaps linked with the reports that SES was in discussions with arch-rival Intelsat over a possible link-up, didn’t help the SES share price, which crashed 9.2 per cent in early trading on […]
The Asia Video Industry Association was finally able to host its annual Satellite Industry Forum in-person in Singapore on May 31st 2022 after a two-year hiatus, bringing together over 120 delegates from around the world and some of the satellite industry’s most foremost leaders.Opening the Forum this year was keynote speaker, Steve Collar, Chief Executive […]
May 25th saw SES’s share price rise another 1.69 per cent. This translates at just a €0.15 rise which is hardly spectacular, but added on to the 28 per cent rise over the past six months and that momentum translates into almost a full €2 rise. Indeed, a 12-month examination puts the SES stock on […]
SES has reported its Q1 financials on with CEO Steve Collar saying that the company had made a “solid start” to 2022. Its Q1 Video division revenues, however, declined 6.4 per cent to €251 million, despite important client renewals being secured. Excluding US wholesale, Video was 4.1 per cent lower than Q1 2021 as ‘right-sizing’ […]
Sky UK has extended its multi-year pay-TV capacity and transmission agreement with SES. The renewal secures an additional contract backlog of approximately €84 million, building on the €90 million capacity agreement signed between the two companies in 2021, with contract durations up to end 2028. With this renewal, Sky UK will continue to leverage the […]
CEO Steve Collar and seven other senior executives at SES have been awarded attractive bonuses as a result of securing the first $1 billion in FCC incentive payments for clearing C-band frequencies over the US. The news emerged in the SES Annual Report which was adopted and approved by the SES Annual general Meeting on […]
SES is buying what will be SES-26, a new ultra-sophisticated software-defined satellites from Thales-Alenia Space. The craft will replace NSS-12 at 57 degrees East and serve what SES describes as “hundreds of millions” across three continents. SES-26 will maintain and expand the range of content delivery and connectivity services to broadcasters, media companies, telco operators, […]