SES and Intelsat Merge to Create a Global Satellite Powerhouse

 

🛰️ In a bold move that reshapes the future of space-based connectivity, SES has officially completed its acquisition of Intelsat, forming one of the most formidable satellite operators in the world.

 This merger brings together a fleet of 120 satellites across geostationary (GEO), medium Earth orbit (MEO), and strategic access to low Earth orbit (LEO), enabling SES to deliver multi-orbit, multi-band connectivity to governments, businesses, and industries across the globe.

A New Era of Connectivity

The combined company now boasts:

– 🌐 Global coverage with nearly 90 GEO satellites and 30 MEO satellites

– 📡 Expanded spectrum access including C-, Ku-, Ka-, Military Ka-, X-band, and Ultra High Frequency

– 🧠 Deep vertical expertise across aviation, maritime, media, and government sectors

– 🏗️ Robust ground infrastructure to support seamless integration and service delivery

This merger positions SES to lead in high-growth markets such as:

– Internet of Things (IoT)

– Direct-to-device communications

– Space situational awareness

– Quantum key distribution

Financial Strength and Strategic Vision

SES now operates with:

– 💰 €3.7 billion in combined revenue, projected to grow steadily through 2028

– 📈 €1.8 billion in adjusted EBITDA, with plans to generate over €1 billion in free cash flow by 2028

– 📦 €8 billion contract backlog, offering long-term revenue visibility

– 🧾 €2.4 billion in synergy value, with 70% of efficiencies expected within three years

The company plans to maintain disciplined investment in future growth, averaging €600–€650 million in annual capital expenditures, excluding the IRIS² program.

A Unified Global Force

SES remains headquartered in Luxembourg, with a strong presence in the United States. The merger brings together talent, infrastructure, and innovation to deliver next-generation connectivity and space-enabled services faster and smarter.

As CEO Adel Al-Saleh put it: “We’re not just merging two companies—we’re creating a stronger company, built for the future