TUPPER LAKE, NY — Satellite fleet operator SES reported a 5% decline in revenue and a 6.2% decline in adjusted EBITDA for the six months ending June 30 compared to a year ago assuming its purchase of Intelsat had occurred in 2024.
Luxembourg-based SES said the decline was particularly notable in Q2, when several expected contracts did not materialize. The company said a return to growth is all but certain in the final months of 2026 when large awards from the US Space Force Protected Satcom-Global contract and from . . .
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