Articles from SES S.A.

SES S.A. (“SES” or the “Company”) held the Company’s Annual General Meeting (“AGM”) at its headquarters in Betzdorf, Luxembourg, yesterday.

SES S.A. (“SES” or the “Company”) today issued the following statements in relation to the Company’s upcoming Annual General Meeting (“AGM”), taking place on 3 April 2025:

SES S.A. has today published its 2024 Annual Report, following the announcement of the company’s full year financial results for the 12 months ended 31 December 2024.

SES S.A. today acknowledges the announcement by Appaloosa LP with respect to agenda items it intends to propose at SES’s upcoming AGM, and the receipt of Appaloosa’s press release dated 27 February 2025.

SES S.A. announces financial results for the year ended 31 December 2024 with solid operational and financial performance leading to revenue at the top end of the financial outlook and Adjusted EBITDA exceeding SES’s objectives.

SES S.A. announces that the SpaceRISE consortium, led by SES, has signed the Concession Contract with the European Commission to design, deliver, and operate the innovative, multi-orbit IRIS2 sovereign connectivity system for a period of 12 years, with the network expected to provide services from the beginning of 2030.

SES S.A. announces financial results for the nine months and three months ended 30 September 2024 with solid operational and financial performance driving the Full Year 2024 revenue and Adjusted EBITDA outturn which is now expected to close at the top end of SES’s financial outlook range.

SES S.A. announces financial results for the six months ended 30 June 2024.

SES announced today that the ASTRA 1P satellite was successfully launched by a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida, United States, at 5:35 pm local time. 

SES S.A. announces the successful syndication of a €3 billion equivalent acquisition financing package to support the earlier announced agreement for SES to acquire Intelsat S.A.. Prior to the Intelsat deal announcement, Deutsche Bank AG and Morgan Stanley jointly had underwritten a €3 billion bridge facility to support SES’s financing requirements as part of the agreement to acquire Intelsat. This €3 billion bridge facility has been successfully syndicated now, with a highly oversubscribed level of commitments, to an international group of existing relationship and new banks in the form of a €2.1 billion bridge facility and US$1 billion term loan. The term loan was upsized in syndication on the back of a strong response from the bank group.

SES S.A.:

SES S.A. (“SES”) and Intelsat S.A. (“Intelsat”) announce an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l. for a cash consideration of $3.1 billion (€2.8 billion) and certain contingent value rights. The combination will create a stronger multi-orbit operator with greater coverage, improved resiliency, expanded suite of solutions, enhanced resources to profitably invest in innovation, and benefit from the collective talent, expertise, and track record of both companies.

SES S.A. announces financial results for the three months ended 31 March 2024 and a solid start to the 2024 financial year.

SES S.A. has today published its 2023 Annual Report, following the announcement of the company’s full year financial results for the 12 months ended 31 December 2023.

SES S.A. announces financial results for the twelve months ended 31 December 2023.

SES S.A. announces financial results for the nine and three months ended 30 September 2023 and update on O3b mPOWER.

Regulatory News:

SES S.A. announces financial results for the six months ended 30 June 2023.

Following Luxembourg Parliament’s approval and official publication of the Medium Earth Orbit (MEO) Global Services (MGS) programme valued at €195 million over 10 years, the MGS programme will leverage SES’s O3b mPOWER system to provide critical resilient satcom capabilities for Luxembourg, its partners and NATO in the areas of defence and security and disaster recovery, SES announced today.

SES announces today that Steve Collar, Chief Executive Officer (CEO), will be stepping down at the end of June 2023 to pursue other professional and personal endeavours. The search for a successor is underway and Ruy Pinto, currently Chief Technology Officer of SES, will assume the role of CEO until a permanent successor is announced.

SES Space & Defense, a wholly-owned subsidiary of SES, today announced the availability of flexible, secure, and reliable satellite-powered network connectivity for AWS Modular Data Center.

SES announced the results of its annual Satellite Monitor market research, a comprehensive survey that tracks satellite TV’s reach across a wide range of global regions and industry metrics. SES now delivers more than 8,000 channels to a total of 369 million TV homes worldwide, an increase of three million over the previous year, confirming SES’s position as a leading content connectivity provider in the media industry.

SES S.A. announces financial results for the three months ended 31 March 2023.

In response to rumours in the market, SES S.A. confirms that the company has engaged in discussions regarding a possible combination with Intelsat. At this stage, there can be no certainty that a transaction would materialise. The Board of SES remains fully committed to acting in the best interest of SES and its shareholders.

SES S.A. announces financial results for the twelve months ended 31 December 2022.

SES S.A. announces financial results for the nine and three months ended 30 September 2022.

SES S.A. announces financial results for the six months ended 30 June 2022.

SES S.A. today announced the successful launch and pricing of a bond offering in which the company has agreed to sell senior unsecured fixed rate notes due in 2029 for a total amount of EUR 750 million. The new notes will bear a coupon of 3.50% and were priced at 99.725% of their nominal value, representing a credit spread of 175bps and a yield-to-maturity of 3.55%.

SES Government Solutions (SES GS), a wholly-owned subsidiary of SES, in partnership with Planet Labs PBC (Planet), has been awarded a Funded Space Act Agreement from NASA’s Communications Services Project (CSP) to support the development and demonstration of near-Earth communication services in support of the agency’s future mission needs.

SES S.A. announces financial results for the three months ended 31 March 2022.

The latest contract awarded by the European Maritime Safety Agency (EMSA) will see the agency continue to use SES’s high-performance satellite connectivity services for Remotely Piloted Aircraft Systems’ (RPAS) operations, SES and EMSA announced today. Under the new agreement, SES’s managed connectivity service will allow end-users to receive and exchange RPAS data in near real-time and support the operational needs of missions at sea.

SES S.A. today announces an agreement to acquire DRS Global Enterprise Solutions (GES), a US-based subsidiary of Leonardo DRS, for $450 million. On completion of the transaction, which is subject to completion of regulatory approvals expected to be completed during H2 2022, the GES business will be combined with SES Government Solutions (SES GS), a wholly owned subsidiary of SES, creating a scaled solutions provider serving the critical connectivity needs of the US Government.

SES S.A. announces financial results for the year ended 31 December 2021.

SES S.A. announces financial results for the nine months ended 30 September 2021.

Hughes Network Systems, LLC (HUGHES) and SES today announced the successful first demonstration of a new multi-orbit satellite communications (SATCOM) capability for remotely piloted aircraft. Conducted for General Atomics Aeronautical Systems, Inc. (GA-ASI), the demonstration paired Hughes HM series software-defined modems and Resource Management System (RMS) with SES’s satellites that operate in geosynchronous (GEO) and medium earth (MEO) orbits. SES’s unique multi-orbit fleet, which delivers global coverage, high throughput and security, was leveraged to show how unmanned aerial vehicles, such as the GA-ASI MQ-9 series, can maintain crucial connectivity and resiliency, even in contested environments.

SES S.A. announces half year financial results for the six months ended 30 June 2021.

SES S.A. announced the successful launch and pricing of a hybrid bond offering in which it has agreed to sell Deeply Subordinated Fixed Rate Resettable Securities for a total amount of EUR 625 million, with a first reset date on 27 August 2026. The notes will bear a Coupon of 2.875% per annum and were priced at 99.409% of their nominal value.

SES S.A. today announces a share buyback programme of up to EUR 100 million to be executed by 31 December 2021 under the authorisation given by the Annual General Meeting of shareholders held on 1 April 2021.

SES S.A. announces financial results for the three months ended 31 March 2021.

SES today announced it has joined the United Nations Global Compact, the world’s largest corporate sustainability initiative, underscoring the company's purpose-led Environmental, Social and Governance (ESG) programme.