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SES Q1 2024 Results

Retrieved on:

Mardi, avril 30, 2024

Technology, Networks, Satellite, O3b, Annual, Adjustment, FX, Share repurchase, Debt, MPower, Growth, Government

Adjusted EBITDA of €275 million represented an Adjusted EBITDA margin of 55% (Q1 2023: 54%).

Key Points:

Adjusted EBITDA of €275 million represented an Adjusted EBITDA margin of 55% (Q1 2023: 54%).
Adjusted EBITDA excludes significant special items of €6 million (Q1 2023: €13 million), comprising net U.S. C-band expenses of €1 million (Q1 2023: net expenses of €4 million) and expense of other significant special items of €5 million (Q1 2023: €9 million).
In January 2024, SES called and repaid the €550 million hybrid bond and expects to repay approximately €450 million of additional upcoming debt maturities.
For Full Year 2024, SES will move to a semi-annual distribution with an interim dividend of €0.25 per A-share (€0.10 per B-share) to be paid in October 2024 and final dividend, subject to shareholder approval, of at least €0.25 per A-share (€0.10 per B-share) to be paid in April 2025.

SES’s O3b mPOWER System Starts Providing High-performance Connectivity Services

Retrieved on:

Mercredi, avril 24, 2024

SES announced today that O3b mPOWER, its second-generation software-enabled satellite system, is now operational and can provide high-performance connectivity services around the globe.

Key Points:

SES announced today that O3b mPOWER, its second-generation software-enabled satellite system, is now operational and can provide high-performance connectivity services around the globe.
With the first six O3b mPOWER satellites operating at medium Earth orbit (MEO) or 8,000km away from the Earth and with extensive ground infrastructure built around the world, SES will be introducing services in the coming months to O3b mPOWER customers to deliver reliable connectivity services ranging from tens of Mbps to multiple gigabits per second.
View the full release here: https://www.businesswire.com/news/home/20240423122963/en/
SES’s O3b mPOWER System Starts Providing High-performance Connectivity Services (Photo: Business Wire)
To date, SES has launched six out of 13 O3b mPOWER high-throughput and low-latency satellites, which together with strategically located satellite ground stations, enable SES to serve customers across multiple market segments around the world.
With the O3b mPOWER system now operational, SES strengthens its unique MEO network capabilities by complementing its O3b constellation.

Recon Launches New Police Interceptor E-Bike & Training Center

Retrieved on:

Mardi, avril 9, 2024

Law enforcement agency, Panasonic, LCD, Federal, Special reconnaissance, Bicycle, First responder, Interceptor, MPower, Law enforcement

FORT WAYNE, Ind., April 9, 2024 /PRNewswire/ -- Recon Power Bikes announces the release of their all-new Police Interceptor E-Bike for Law Enforcement.

Key Points:

FORT WAYNE, Ind., April 9, 2024 /PRNewswire/ -- Recon Power Bikes announces the release of their all-new Police Interceptor E-Bike for Law Enforcement.
The Interceptor features a 750-1,000-watt heavy duty mid-drive motor powered by a 48-volt 21Ah Panasonic battery pack.
Recon Power Bikes is the leading manufacturer of E-Bikes for Law Enforcement, First Responders, Federal Agencies, and the Military.
Recon E-Bikes are utilized by over five hundred Law Enforcement Agencies in all 50 States and three branches of the U.S. Military.

5G NTN Market worth $23.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Mardi, décembre 19, 2023

The adoption of 5G NTN has experienced a remarkable surge in recent years; government initiatives worldwide are recognizing the significance of effective 5G NTN, investing heavily in infrastructure, and supportive policies.

Key Points:

The adoption of 5G NTN has experienced a remarkable surge in recent years; government initiatives worldwide are recognizing the significance of effective 5G NTN, investing heavily in infrastructure, and supportive policies.
By location, rural areas contributed the largest market share in the 5G NTN Market during the forecast period.
To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall 5G NTN Market.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the 5G NTN Market.

5G NTN Market worth $23.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Mardi, décembre 19, 2023

The adoption of 5G NTN has experienced a remarkable surge in recent years; government initiatives worldwide are recognizing the significance of effective 5G NTN, investing heavily in infrastructure, and supportive policies.

Key Points:

The adoption of 5G NTN has experienced a remarkable surge in recent years; government initiatives worldwide are recognizing the significance of effective 5G NTN, investing heavily in infrastructure, and supportive policies.
By location, rural areas contributed the largest market share in the 5G NTN Market during the forecast period.
To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall 5G NTN Market.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the 5G NTN Market.

Flywheel Collaborates with Microsoft and NVIDIA to Propel End-to-End AI Development Platform on Microsoft Azure

Retrieved on:

Mercredi, novembre 22, 2023

Flywheel, a leading medical imaging artificial intelligence (AI) development platform, today announced the launch of its software-as-a-service (SaaS) data management solution on Microsoft Azure.

Key Points:

Flywheel, a leading medical imaging artificial intelligence (AI) development platform, today announced the launch of its software-as-a-service (SaaS) data management solution on Microsoft Azure.
The Flywheel platform is integrated with NVIDIA MONAI, part of the NVIDIA AI Enterprise software platform, and Azure Machine Learning Studio for development and deployment of production-grade AI applications.
View the full release here: https://www.businesswire.com/news/home/20231121373437/en/
Flywheel announces the launch of its SaaS data management solution on Microsoft Azure, integrated with NVIDIA MONAI.
The company established an agreement with Microsoft to launch its SaaS solution on Azure, and Flywheel is now available on the Azure Marketplace.

SES’s Fifth and Sixth O3b mPOWER Satellites Successfully Launched

Retrieved on:

Dimanche, novembre 12, 2023

With the fifth and sixth O3b mPOWER satellites launched, the system completes the six medium earth orbit (MEO) satellites required to offer high-performance network services delivering high throughput, predictable low latency, unique flexibility and service availability.

Key Points:

With the fifth and sixth O3b mPOWER satellites launched, the system completes the six medium earth orbit (MEO) satellites required to offer high-performance network services delivering high throughput, predictable low latency, unique flexibility and service availability.
View the full release here: https://www.businesswire.com/news/home/20231112093355/en/
SES’s fifth and sixth O3b mPOWER satellites successfully launched on 12 Nov 2023.
(Photo: SpaceX)
Last month, SES announced it will add to the constellation two more satellites built by Boeing, bringing the total number of O3b mPOWER satellites to 13.
“With the fifth and sixth O3b mPOWER satellites launched and going operational in the next few months, we are gearing up to deliver the high-performance connectivity services our customers need.

CPI VERTEX ANTENNENTECHNIK TO PROVIDE KA-BAND ANTENNAS FOR SES'S O3B MPOWER PROGRAM

Retrieved on:

Jeudi, septembre 14, 2023

Government, Communication, MPower, O3b, SES, MEO, CPI, CPI International, Communications satellite

DUISBURG, Germany, Sept. 14, 2023 /PRNewswire/ -- CPI Vertex Antennentechnik, a subsidiary of Communications & Power Industries (CPI), has been selected to provide high-performance Ka-band antenna systems to SES for its O3b mPOWER communications system.

Key Points:

DUISBURG, Germany, Sept. 14, 2023 /PRNewswire/ -- CPI Vertex Antennentechnik, a subsidiary of Communications & Power Industries (CPI), has been selected to provide high-performance Ka-band antenna systems to SES for its O3b mPOWER communications system.
These ground-based 5.5 meter Ka-band "plug and play" series tracking antennas will be used for O3b mPOWER Gateway systems.
"SES has worked closely with CPI Vertex Antennentechnik to develop these antenna systems for the O3b mPOWER system for the past few years.
"CPI Vertex Antennentechnik has been working hand-in-hand with SES to develop customized 'plug and play' antennas for the O3b mPOWER program for almost two years.

Luxembourg Parliament Approves MGS, Enabling NATO’s Access to SES’s O3b mPOWER System

Retrieved on:

Jeudi, juin 15, 2023

Data Management, Defense, Satellite, Technology, Telecommunications, Other Defense, Contracts, O3b, Partnership, MGS, NSPA, MEO, Medium Earth orbit, Newsroom, State Street Bank and Trust Company, MPower, SES, Communications satellite

The MGS programme leverages the highly innovative O3b mPOWER satellite technology developed in Luxembourg by SES to bring unrivalled performance for a wide range of sovereign government missions spanning defence, disaster recovery, operations, and community building and welfare for deployed staff.

Key Points:

The MGS programme leverages the highly innovative O3b mPOWER satellite technology developed in Luxembourg by SES to bring unrivalled performance for a wide range of sovereign government missions spanning defence, disaster recovery, operations, and community building and welfare for deployed staff.
In late 2022, Luxembourg and the U.S. entered into a support partnership with the aim of commercially contracting satellite communications capabilities through the NATO Support and Procurement Agency (NSPA).
“We welcome this important step in execution of Luxembourg Government’s defence space strategy that will greatly enhance the national Defence’s satcom capabilities’ resilience,” said Steve Collar, CEO of SES.
“O3b mPOWER contributes to building secure and sovereign networks as well as supporting critical missions of disaster recovery and response, and is fundamental for high-performance, resilient communications for Europe and NATO.”
For more information and photos about O3b mPOWER, please visit the newsroom and the media gallery .

NSR’s Satellite Capacity Report Sees LEOs Massively Disrupting the Industry

Retrieved on:

Mardi, juin 13, 2023

Cloud, SATCOM, MEO, Backhaul, OneWeb, NSR, SES, Monolithic kernel, LEO, MPower, Growth, Starlink, Communications satellite

and LONDON, June 13, 2023 (GLOBE NEWSWIRE) -- NSR’s Satellite Capacity Supply & Demand, 20th Edition (SCSD20) observe the rapid rise in LEO satellites have forever altered the satellite capacity market, shifting it from high priced wholesale centric to one driven by near commodity pricing, value-added offerings and telco integration.

Key Points:

and LONDON, June 13, 2023 (GLOBE NEWSWIRE) -- NSR’s Satellite Capacity Supply & Demand, 20th Edition (SCSD20) observe the rapid rise in LEO satellites have forever altered the satellite capacity market, shifting it from high priced wholesale centric to one driven by near commodity pricing, value-added offerings and telco integration.
Massive LEO/MEO supply, coupled with innovative ground segment technology now makes satellite offerings more relevant than ever to the broader telecom industry.
With over $257 billion in satellite capacity revenue projected over the next decade, it is clear LEO satellites are a critical enabler of this growth.
“The industry needs to embrace capacity commoditization and adapt its business models accordingly: end-to-end services for Backhaul, multi-architecture networks, Cloud, SD-WAN, etc.”
“The Satcom industry is becoming extremely competitive as more Non-GEO solutions or services are added to the mix.