SES: Government revenue up 17% in H1, with lots more to come as US, Europe ratchet up demand for sovereign capacity

by Peter B. de Selding

LA PLATA, Maryland — Satellite fleet operator SES said its government revenue rose 17% in the six months ending June 30 after a 21% increase in Q2.

Government is now clearly SES’s fastest-growing business and SES Chief Executive Adel Al-Saleh said growth would be continuing for the foreseeable future as the United States, Europe and other regions ratchet up spending on sovereign capacity.

When combined with Intelsat’s government business, SES expects annual government revenue to approach $1 billion in the coming years . . .

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