LA PLATA, Maryland — Satellite fleet operator SES, going through a major transition as capex quadruples from 2021 with spending on the SES-17 GEO-orbit satellite, C-band repackaging spacecraft and $700 million on the O3b mPower broadband constellation, reported a 6% increase in revenue with a big uplift from the U.S. dollar’s strength against the euro.
The 1.4 billion euros ($1.4 billion) in reported revenue for the nine months ending Sept. 30 includes initial contributions from the DRS Global Enterprise Solutions (GES) business the . . .
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