SES has told investment analysts that its exposure to Russian or Ukrainian revenues is extremely limited. But it says that the conflict has increased demand for governments for military grade X-band communications has increased in the past couple of weeks. The X-band usage is centred through its Govsat-1 capacity which is part of its SES-16 […]
Satellite operator SES reported rising net profits up 69 per cent to €323 million (€191m in 2020), helped by lower operating costs and interest expenses. Shareholders will be pleased that the overall improvement in the operator’s prospects mean that this year’s dividend will rise to €0.50 (from €0.40), a 25 per cent rise. SES said […]
Israel-based speciality satellite services company Gilat reported revenues up 58 per cent for its Q4 2021 to $67.3 million (from $42.6 million for the same period in 2020). The quarter help propel Gilat to revenues for the full year to $218.9 million, up 32 per cent y-o-y. Guidance for 2022 is for revenues of between […]
A major Joint Venture from Reliance Jio, the giant Indian telco, and satellite operator SES, which will see Jio use the SES capacity for broadband connectivity for its Indian customers. Investment bank Exane/BNPP says the move is a major endorsement for SES and in particular its mPower fleet of satellites. The bank says: “The endorsement […]
SES is just a few weeks away from launching its next – and significantly more powerful – batch of O3b satellites. SES is anticipating the launch of three new satellites in Q1 to join the existing O3b fleet of Medium Earth orbiting (MEO) craft. The second batch of another three will launch in Q2. These […]
SES is using Arianespace to launch its latest high-tech satellite on October 22nd. In anticipation of the launch, SES held a round table meeting with some of the key players in the preparation and build of the satellite. Herve Derrey, EVP Space at Thales Group, told delegates that the SES satellite was one of what […]
SES has confirmed new orders for a total of six craft. Two are from Thales Alenia Space for the FCC C-band scheme, which means SES has now ordered six satellites overall for its C-band geostationary services. Adding to the flurry of orders, SES confirmed it wanted four additional satellites from Boeing for its expanded mPower […]