SES (company)

SES S.A.
Formerly
  • Société Européenne des Satellites (1985-2001)
  • SES Global (2001-2006)
Company typeSociété Anonyme
ISINISINLU0088087324
IndustryTelecommunications
Founded1985; 39 years ago (1985)
Founder
HeadquartersChâteau de Betzdorf, Betzdorf, Luxembourg
Key people
Frank Esser (Chairman)[2]
Adel Al-Saleh (CEO)[3]
ProductsCommunications satellites and services
RevenueIncrease 2,030 million (2023)[4]
Decrease (€686 million) (2023)[4]
Decrease (€904 million) (2023)[4]
Total assetsDecrease €10,184 million (2023)[4]
Total equityDecrease €3,758 million (2023)[4]
Number of employees
2,294 (FTE, end 2023)[4]
Divisions
  • SES Networks
  • SES Video
[4]
Subsidiaries
[5]
Websitewww.ses.com

SES S.A., trading as SES is a Luxembourgish satellite telecommunications network provider supplying video and data connectivity worldwide to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions.[6][7]

SES is one of the world's leading satellite owners and operators with over 70 satellites in two different orbits: geostationary orbit (GEO) and medium Earth orbit (MEO).[8] These include the well-known European Astra TV satellites, the O3b and O3b mPOWER data satellites and others with names including AMC, Ciel, NSS, Quetzsat, YahSat and SES.

In April 2024, SES announced the acquisition of satellite services provider, Intelsat to create a more competitive multi-orbit satellite operator. The transaction is expected to complete regulatory approvals in 2025.[9][10]

Based in Betzdorf, Luxembourg and founded in 1985 as Société Européenne des Satellites, the company was renamed SES Global in 2001 and has been simply "SES" since 2006. The company's stock is listed on the Luxembourg Stock Exchange and Euronext Paris with the ticker symbol SESG and is a component of the LuxX, CAC Next 20 and Euronext 100 stock market indexes.

A book, High Above, telling the story of the founding of SES and the development of its first Astra satellites was published in 2010 to mark the company's 25th Anniversary, and was followed by Even Higher in 2012 and Beyond Frontiers in 2016.

  1. ^ "Candace Johnson | European Angel Investment Summit". Retrieved 27 April 2024.
  2. ^ "Board of Directors". SES S.A. Retrieved 27 April 2020.
  3. ^ "Management". SES S.A. Retrieved 26 August 2020.
  4. ^ a b c d e f g Annual Report 2023 SES S.A. 29 February 2024. Accessed 27 March 2024
  5. ^ "Our Affiliates | SES". www.ses.com. 28 October 2016. Retrieved 3 May 2024.
  6. ^ About Us SES website. Accessed 30 March 2020
  7. ^ ACCELERATING BEYOND FRONTIERS SES Company Brochure. October 2017. Accessed 30 March 2018
  8. ^ Our Coverage SES website. Accessed 25 February 2019
  9. ^ "SES to acquire Intelsat in compelling transaction focused on the future" (Press release). SES. 30 April 2024. Retrieved 21 May 2024.
  10. ^ The Intelsat–SES merger is a milestone for the satcom industry Analysys Mason. 9 May 2024. Accessed 21 May 2024