Satellite and Broadcasting

SES announced that the first two O3b mPOWER satellites were successfully launched into space by a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida, United States.

The global satellite IoT communications market is growing steadily, with the number of satellite IoT subscribers set to increase at a compound annual growth rate (CAGR) of 40.3% and reach 21.2 million units by 2026.

The Emirates Lunar Mission, the first mission to the moon from the United Arab Emirates, is set to be launched on November 28 at 12:46 p.m. (UAE time). Aboard ispace's HAKUTO-R M1 lander, the Rashid Rover, named for Dubai’s ruling family, will lift off from the Cape Canaveral Space Force Station in Florida.

Leading satellite communications companies OneWeb and Intelsat have signed a global distribution partnership agreement to offer airlines a seamless inflight connectivity (IFC) solution for efficient performance, coverage and reliability on the market.

SES disclosed the company’s YTD financial performance, which reflects solid execution across the business, complemented by the value-accretive DRS Global Enterprise Solutions (GES) acquisition.

SES made public its financial results for the first six months of 2022, announcing revenues of €899 million (+2.8% YoY as reported) and adjusted EBITDA of €545 million (flat YoY as reported). Adjusted Net Profit improved by 11% YoY to €168 million, while leverage reduced to 3.0 times.

The carrier and wholesale services (C&WS) division of e& (formerly known as Etisalat Group) announced its partnership with Microsoft and SES to host the co-located SES O3b mPOWER and Microsoft ground station at Ras Al Khaimah.

SES and AXESS Networks (AXESS) are accelerating the digital transition of the mining industry with SES’s second-generation medium earth orbit (MEO) system O3b mPOWER.

The Communications Regulatory Authority (CRA) issued an individual license to Starlink Satellite Qatar, a recently established entity by SpaceX, for the provision of public satellite telecommunications networks and services.

French satellite operator Eutelsat and British counterpart OneWeb have been in talks for a possible tie-up to become a global champion in broadband internet, rivaling US operators such as SpaceX's Starlink.