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TL;DR

SES trimmed its 2024 revenue by under 1 percent while its Networks arm grew and Media slipped.

It agreed to pay 3.1 billion dollars to take over Intelsat’s ageing fleet just as Starlink’s low-Earth orbit array gains momentum.

At the same time it joined the EU’s 10.6 billion-euro IRIS² project and leaned on its mix of GEO and MEO satellites to pitch “high-value” services to governments and enterprises.

SES: The Space Shepherd Europe Didn’t Know It Needed

Or how to win the slow-race to space relevance by buying someone else’s crumbling satellite empire.

SES S.A., Luxembourg’s glittering contribution to the satellite sector, the company that asks, “Why move fast and break things when you can orbit slowly and buy them instead?”

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