Intelsat is a multinational satellite services provider, delivering services to commercial, governmental, and military organizations. Operating one of the world's largest integrated satellite and terrestrial networks, the company offers video broadcasting, broadband connectivity, and secure satellite communications. Intelsat partners with organizations like Vodafone, Gilat Satellite Networks, and SKY Perfect JSAT Corporation, and works with launch providers such as Arianespace and International Launch Services to manage its satellite program from design and construction through launch and in-orbit operations.
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SES is managing financial restructuring necessitated by the acquisition of Intelsat.
The third quarter of 2025 marked the first full quarter of combined operations for SES and Intelsat.
SES S.A. finalized its acquisition of Intelsat in July 2025 for an enterprise value of approximately $5 billion.
The integration of Intelsat’s assets is expected to add approximately 90 geostationary satellites to the SES fleet.
The integration of Intelsat is expected to generate significant operational synergies and cash flow accretion for SES.
Moody's cited weaker pro forma results for the first nine months of 2025 and high integration and restructuring costs for the Intelsat acquisition as reasons for the downgrade.
Intelsat's Intelsat-39 communications satellite weighs 6,600 kilograms.
Satisfactory satellite service providers include ViaSat, Iridium, Intelsat/SES, EchoStar/Hughes, and Globalstar/Apple.
SES completed its acquisition of Intelsat and has a partnership with OneWeb to enhance traffic security across various networks.
Intelsat, now part of SES, was the customer on the first-ever life extension mission in GEO with Northrop Grumman’s Mission Extension Vehicle (MEV), which docked with IS-901 in 2020.
SES has a satellite servicing mission with U.S.-based startup Starfish Space, which Intelsat ordered last year.
In 2015, the US Department of Defense reported a Russian military satellite parked near two IntelSat satellites.
Intelsat, which is now part of SES, had an existing multi-launch agreement with Relativity Space signed in 2023.
SES closed its acquisition of Intelsat on July 17, 2023.
The quarterly earnings report is the first that includes Intelsat’s input.
This was SES's first time reporting combined revenue after the Intelsat acquisition.
Satellite operators SES and Intelsat received relocation costs and a total of $9.7 billion to clear a portion of the C-band spectrum that was auctioned for $80.9 billion, setting a record for the highest-grossing FCC auction.
SES and Intelsat finished clearing the spectrum in August 2023.
The Falcon 9 first stage booster previously launched missions including Crew-5, GPS III Space Vehicle 06, Inmarsat I6-F2, CRS-28, Intelsat G-37, NG-20, TD7, and 17 Starlink missions.
SES has completed its merger with Intelsat.