Back on August 1st 2023, your author somewhat optimistically wrote ‘SES vs Intelsat nears conclusion‘. How wrong that was. The headline was based on a successful appeal won by SES and an instruction made by the appeal court Judge Robert Payne to the lower court to find in SES’s favour. “The judgement of the Bankruptcy […]

The European Commission (EC), in a press briefing, confirmed that its planned IRIS² satellite connectivity project has selected ‘SpaceRise’ which currently comprises operators SES and Eutelsat and is the only bidding consortium. The EC said that the project is on track and a contract can now be signed on or before March 24th. Certain further […]

Investment bank BNPP, in a major examination of three key satellite operators and their share prices, says SES, Eutelsat and Telesat have remained under pressure – with only Telesat making some modest headway because of its progress with its Lightspeed low Earth orbit constellation. In a self-examination of what it got right (and wrong) in […]

SES is suing Intelsat with a claim for a greater share of the FCC’s compensation scheme for the two satellite operators giving up certain C-band frequencies. The long-running arguments over how the FCC’s overall compensation was allocated continue to resonate between SES and Intelsat. Intelsat on November 13th had argued that the SES claim (“typically […]

SES Space & Defense, a wholly-owned subsidiary of SES, is to provide satellite broadcast distribution in support of the US Agency for Global Media (USAGM), Global Network Division (GN) for global distribution of video and audio programming. SES Space & Defense says it is is harnessing SES’s expertise in broadcast services, coupled with the capabilities […]

A report on satellite operator SES from investment bank Berenberg maintains its ‘BUY’ recommendation, but the report has cut the bank’s share price target from €9.20 to a much more modest €7.20. The SES share price on November 28th was €5.40. The Berenberg report, Rebase done; Now on to returns, says it expects SES too […]

SES might have received the FCC’s $3 billion (€2.76bn) in compensation for handing over its C-band satellite frequencies in October 2023. But the long-running arguments over how the FCC’s overall compensation was allocated continue to resonate between SES and Intelsat. Lawyers for SES filed their argument to Intelsat’s bankruptcy court on September 28th seeking about […]

Investment bank BNP/Paribas has resumed coverage of Eutelsat and taken advantage of the move to take a close look at Europe’s two satellite giants Eutelsat and SES. The report is not overwhelmingly positive. It favours SES with a reiterated ‘positive’ recommendation, but its view of Eutelsat is reiterated as ‘negative’. The bank also cautions that […]

A SpaceX rocket has launched two O3b/mPOWER satellites into their transfer orbit for SES. The launch, shortly after 4pm Florida time on November 12th, took the mPOWER 5 and 6 on their way to a mid-Earth orbit at 8,000 kms in altitude. Signals were received after launch which indicate that all was well, however further […]

SpaceX will launch two O3b mPOWER satellites for SES on November 12th, the rocket company has confirmed, although subject to weather conditions being favourable. The two satellites are the 5th and 6th are in the expanded O3b/mPower constellation which will eventually comprise 13 craft. However, two are known to have potential problems. The first four […]