All verified mentions of this organization in source documents.
SES provides services to the U.S. government via its subsidiary SES Space & Defense, which is based in Reston, Virginia.
The contract is a task order awarded as part of a blanket purchase agreement that SES signed in 2018 with the Defense Information Systems Agency.
SES will provide services to the U.S. Defense Department under a five-year agreement worth up to $270,000,000.
Planet used in-house designed flight-representative radios, custom spread spectrum waveforms, and omni and directional antennas for the ground demonstration with SES’ NSS-9 GEO satellite.
Planet Labs PBC was selected as a subcontractor by SES Space & Defense and Telesat Government Solutions in late 2022 to demonstrate real-time space-to-space connectivity solutions from Lower Earth Orbit (LEO) satellites to in-space communication satellites operated by SES and Telesat.
SES reaffirmed its 2023 financial outlook with revenue guidance of €1,950–2,000 million and Adjusted EBITDA guidance of €1,010–1,050 million.
Each O3b mPower satellite was designed to scale to multiple gigabits per second of throughput, roughly 10 times the throughput of SES’s first-generation 20 O3b satellites in medium Earth orbit, with an operational life of about 10 years.
SES expects the O3b mPower delay to reduce its 2024 revenue and earnings before interest, taxes, depreciation and amortization (EBITDA) by around 5%.
The launch of O3b mPOWER satellites 5 and 6 is planned for early 2023-11-01 and commercial service is expected to start from early 2024-04-01.
SES reported revenue of €1,494 million for the nine months ended 30 September 2023, an increase of 0.2% year-over-year.
SES plans to upgrade O3b mPOWER satellites 7–11 and add two further satellites (12–13) within its existing committed capital expenditure envelope.
SES will implement potential mitigations for the O3b mPOWER delay including optimized use of its existing MEO and GEO fleet and additional programmes in progress.
SES’ Video revenue declined by 3.2% year-over-year and SES signed €445 million of Video contracts year-to-date.
SpaceX has a contract to launch the 11 O3b mPower satellites under SES’s original order.
SES plans to exercise the call for a €550 million hybrid perpetual bond in January 2024.
SES recorded 507,000,000 EUR in revenue for the three months to the end of September, a 3.1% year-on-year increase.
The seventh and eighth O3b mPower satellites will now launch in the second half of 2024 to include Boeing’s remedies.
SES expects 2023 revenue between 1.95 billion and 2,000,000,000 EUR and expects 2023 adjusted EBITDA between 1.01 billion and 1,050,000,000 EUR.
SES reported revenue of €507 million for 2023-07-01, an increase of 3.1% year-over-year.
SES expects the O3b mPOWER delay to reduce 2024 revenue and Adjusted EBITDA by a mid-single-digit percentage before potential mitigations.