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Moody's expects that value-added multi-orbit solutions will help SES sustain or modestly increase EBITDA.
SES stated that it continues to execute its strategy with a clear plan to strengthen its key credit metrics over time.
SES's headquarters and teleport are located in Betzdorf, Luxembourg.
Moody's withdrew SES's Baa3 long-term issuer rating and assigned a Ba1 long-term corporate family rating to SES.
SES indicated that the rating action does not affect its ability to operate its business.
Avianca, part of Abra Group, has 10 Airbus A320s in service equipped with SES’s new electronically steered array antenna.
Abra Group has selected SES’s in-flight connectivity service to be rolled out on more than 100 aircraft.
The ESA antenna connects to SES’s Geostationary Orbit satellites and OneWeb Low-Earth Orbit satellites from partner Eutelsat.
K2 Space secured a strategic partnership with SES in September to co-develop the operator’s future Medium Earth Orbit (MEO) network.
Massimiliano Ladovaz was the former CTO of OneWeb and has previous experience with SES and Inmarsat.
Relativity’s Terran R will provide SES with high performance, reliability, and affordable access to space.
The expanded agreement includes previously unannounced SES launches.
Adel Al-Saleh is the CEO of SES.
SES extended a multi-year, multi-launch services agreement with Relativity Space.
SES and Relativity Space are partnering for multiple launches aboard the Terran R rocket.
The Terran R will bring selected SES satellites to their final orbital position.
SES has reached an extended multi-year, multi-launch services agreement with Relativity Space.
SES and Relativity Space are partnering for multiple launches aboard the Terran R rocket.
The Falcon 9 first stage booster previously launched SES O3b mPOWER-E, Crew-10, Bandwagon-3, mPOWER-D, CRS-33, and four Starlink missions.
Endurance™ is expected to be launched in 2027 and scheduled to dock with one SES satellite after the in-orbit demonstration.