Home / Companies / SES S.A.
BROADBAND & DTC · OPERATOR PROFILE · DATA AS OF 2026-07-28

SES S.A.

Active SESG Broadband & DTC Public HQ: Betzdorf, Luxembourg Founded 1985

Major global satellite operator. Completed Intelsat acquisition (July 2025), 120-satellite multi-orbit fleet.

69.6
ARI Composite
Very Low Risk
#2 of 18
Peer Rank
Broadband Telecom cohort
Total Launches
No flights tracked
SESG
Market cap
Euronext Paris

FINANCIAL HEALTH

69.6
ARI composite · Very Low Risk
Peer rank#2 of 18
Peer groupBroadband Telecom
Data coverage53%
Tracked gov contracts$7.1M across 4 awards

CAPITAL & CREDIT PROFILE

Government capital
$7.1M lifetime tracked obligations across 4 awards — top agency Department of Transportation ($7.1M) (strict id-matched; unattributed award rows are excluded). Explore grants →
Source: USAspending.gov award obligations matched to this company. Obligations, not recognized revenue.

SCHEDULE CREDIBILITY

How well this operator historically meets its own projected dates — launch NETs, company-announced roadmap milestones, and forward-dated facility plans. 100 = says what it does. Discount forward guidance accordingly.

INSUFFICIENT HISTORY
SCI · Insufficient history · 1 dated commitment
Behavioral read
insufficient history — 1 dated commitment tracked (score requires ≥5)
Source Events Late (share) Median slip Median slip, late only Sub-score On-time allowance
Roadmap milestones 1 0 (0%) 0 d 100.0 30 d

SCI = 100 × Σ(event credit) ÷ N over the trailing 36 months (2023-07-29 → 2026-07-28). Event credit = 1.0 when the commitment met its announced date (launches: net NET slip < 1 day; roadmap milestones & facility plans: within 30 days of the announced target window — month/year-precision targets count the whole period as on-time), else 30 ÷ (30 + days late beyond that allowance). Sources are pooled, so each source weighs by its event count. Sources: launch NET-change log (LL2 ingest, tracked since 2026-04-17; flown launches in coverage + not-yet-flown launches already slipped ≥1 day; cancelled launches excluded), roadmap registry milestones (company-announced targets, verified provenance only; open milestones past target count as late by days-overdue), facility_plans rows with target_date after announced_at (filing-dated rows excluded). Confidence: high ≥20 events, medium ≥8, low ≥5; no score below 5 events. 100 = says what it does.

Window: 2023-07-29 → 2026-07-28 (36 months) · launch NET log live since 2026-04-17

RECENT DEALS & CONTRACTS

Date Type Amount Counterparty Significance
Jul 07, 2026 Contract Award SES Space & Defense High
Jun 01, 2026 Contract Award $1.9M Department of Transportation / Federal Highway Administration, SES GROUP & ASSOCIATES, LLC
Sep 01, 2022 Contract Award $252.6M National Aeronautics and Space Administration, MITCHELL VANTAGE SYSTEMS LLC High

Full deal history →

SECTOR POSITION

Primary sectorBroadband & DTC
Rank within sector#2 of 18
Tracked peers18

RECENT COVERAGE

REGISTRY DATA

Legal nameSES S.A.
Ticker / ExchangeSESG (Euronext Paris)
OwnershipPublic
HeadquartersBetzdorf, Luxembourg
CountryLU
Founded1985
CEOAdel Al-Saleh
AliasesSES, SES/Intelsat
SubsidiariesIntelsat (acquired July 2025)
Key programsO3b mPOWER (MEO), GEO fleet, Intelsat integration
Gov customersDoD, NATO
IPO statusPublic

Source: space_company_registry.json · Operator homepage → · SES S.A. corporate homepage — operator confirmation for GEO and O3b mPOWER MEO constellations.

METHODOLOGY

Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.

Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.