SES Merging With Intelsat to Improve Multiorbit Satellite Services

SES is acquiring Intelsat for $3.1 billion, a transaction that would merge the two companies to establish a stronger multiorbit satellite operator offering expanded coverage and satellite solutions and improved resilience.

Commenting on the acquisition, Intelsat CEO David Wajsgras, a 4×24 member and a past Wash100 awardee, said the consolidation “will create a more competitive, growth-oriented solutions provider in an industry going through disruptive change.”

Once the transaction is finalized, the companies will combine their space, ground and network investments, including over 100 satellites in geostationary Earth orbit and 26 spacecraft in medium Earth orbit, Intelsat said.

According to Wajsgras, the merger will provide the capability to meet the needs of customers worldwide and exceed their expectations.

The acquisition will also bring financial and operational benefits. Intelsat said the consolidation will increase revenue in high demand and growing networks segment and bring together “a wealth of collective talent, expertise, engineering knowledge and go-to-market capabilities.”