SES Satellites enters merger talks with Intelsat

Author: EIS Release Date: Apr 12, 2023

Following market speculation, SES Satellites has confirmed the company is considering a merger with Intelsat.

 

SES Satellites in merger talks with Intelsat

 

The Luxembourg-based satellite telecommunications provider issued a short statement saying ongoing talks were exploratory. The company writes:

 

“In response to rumours in the market, SES S.A. confirms that the company has engaged in discussions regarding a possible combination with Intelsat. At this stage, there can be no certainty that a transaction would materialise.”

 

The wider context for the talks can be seen as Eutelsat’s takeover of OneWeb, and Viasat buying Inmarsat.

 

Recently, in January 2023, the European Investment Bank (EIB) – the financing institution of the European Union – loaned €300 million to SES to fund software-defined satellites enabling service reconfiguration and instant in-orbit adjustment.

 

The company has also worked with Isotropic (since rebranded as ALL.SPACE), the Reading-based developer of multi-link satellite connectivity, for carrying out multi-orbit tests using the Isotropic terminal. The technology underwent a series of field tests at SES’s Manassas, Virginia teleport.