SES reports EUR 1.2 billion in new business as Luxembourg satelite manufacturing advances

SES reported EUR 1.2 billion of new business and renewals in the first half, taking backlog to EUR 6.4 billion. Work on its Luxembourg satellite-manufacturing capability for the meoSphere network is progressing. Carried forward from today’s earlier verified briefing. Why it matters: SES is pairing commercial momentum with domestic industrial capacity for next-generation satellites and Europe’s secure IRIS2 communications programme.

Source: https://www.ses.com/sites/ses\_v2/files/investor-files/2026-07/2607\_H126%20Press%20Release\_Final.pdf

Posted Aug 3, 2026, 10:48 AM UTC

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