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SES HQ Luxembourg
Press release

SES advances next-generation MEO strategy following successful completion of IRIS² Rendez-vous 1

IRIS² expands SES's differentiated MEO architecture while supporting Europe's secure, sovereign multi-orbit connectivity ambitions

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Press release

SES Expands O3b mPOWER Partner Ecosystem with Comtech for Antenna Systems

Comtech to supply O3b mPOWER 5.5 metre gateways, small gateways and user terminals Read More
Image of antennas mounted on top of a glass building.
Press release

SES to Enable European Maritime Safety Agency RPAS Operations via Satellite

EMSA will be using SES’s multi-band, multi-frequency satellite services for Remotely Piloted Aircraft operations for security, rescue and pollution monitoring missions Read More
Image of SES-26 satellite in orbit with Earth and a purple space backdrop.
Press release

SES Adds Third Satellite from Thales Alenia Space to Extend Services across Europe, Africa and Asia

Innovative, flexible, software-defined satellite to replace NSS-12 at 57 degrees East to deliver content and connectivity to hundreds of millions at the crossroads of three continents Read More
Image of a soldier setting up a portable satellite dish beside field tents.
Press release

Leonardo DRS Announces Sale of Global SATCOM Business to SES

Combination of SES GS and DRS GES unites the leader in multi-orbit satellite networking with unparalleled US Government satellite communications integration to deliver broader suite of high-value, best-in-class satcom solutions to US government customers Read More
Image of Aerial view of SES Betzdorf site with satellite dishes and forest surrounding it.
Press release

SES Doubles High-value US Government Business with $450 Million Acquisition of DRS Global Enterprise Solutions

Acquisition expands the capabilities and solutions for US Government customers Read More
Image of city skyline with glowing network arcs across buildings.
Press release

SES to Accelerate Access to C-Band Spectrum for Verizon to Support Rapid Deployment of 5G Services

SES will earn an additional $170 million from Verizon through accelerated clearing Read More
Image of naval vessels traveling in formation across open sea.
Press release

SES Government Solutions Connects U.S. Naval Forces Central Command During International Maritime Exercise

The U.S. Navy employs geostationary and medium earth orbit satellite communications in support of global training event Read More
Image of two people on the couch watching television.
Press release

SES and CANAL+ Expand Partnership with New Ground Services Agreement

New uplink services will ensure optimal viewing experiences for audiences across Europe Read More
Image of an adult and two kids watching television in the living room.
Press release

Stenna Group Taps into SES’s Cloud Playout Service to Scale Reach in Brazil

Broadcaster will leverage SES’s cloud-based solution for its linear TV channel, ZooMoo Kids, which is available in SD and HD Read More
Image of a Ship cruising through icy fjord at sunset between snow-covered mountains
Press release

SES Enables Awareness of Major Climate Action in Antarctica through Connectivity

High-availability satellite connectivity for the 2041 Foundation expedition ensures participants can stream and share the cause with the outside world Read More
Closeup image of SES and Astra antenna dishes.
Press release

SES Obtains BBB Credit Rating by Fitch

Luxembourg, 11 March 2022 – SES S.A. announced today that Fitch Ratings assigned a Long-Term Issuer Default Rating and senior unsecured rating of ‘BBB’ with a stable outlook.  Fitch has also assigned SES’s subordinated hybrid securities a rating of ‘BB+’. The rating, according to Fitch, reflects SES’s leading position in the global satellite sector, strong underlying free cash flow and financial flexibility.

Consistent with the group’s policy to attain, and retain a credit rating from at least two rating agencies, SES has decided to withdraw its ratings from S&P Global, with immediate effect.  SES’s financial policy remains unchanged with a commitment to investment grade and an objective of a net debt to Adjusted EBITDA ratio below 3.3x.

The full credit rating report is available on the Fitch Ratings website.

Sandeep Jalan, Chief Financial Officer of SES, commented, “We are delighted to initiate a rating with Fitch, which recognises SES’s strong business profile. We are committed to maintaining a strong balance sheet while continuing to pursue our strategy to grow our footprint and leadership in the global satellite sector.”

For further information please contact:

Richard Whiteing
Investor Relations
Tel: +352 710 725 261
[email protected] 

Suzanne Ong
External Communications
Tel: +352 710 725 500
[email protected]

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Image of a big antenna dish with sun rays coming through.
Press release

SES Unveils Bold New ESG Strategy and Targets with 2021 Annual Report Publication

Company sets targets to support sustainable use of space, achieve carbon NetZero, increase diversity and inclusion, and empower communities by solving critical human needs Read More