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SES just quietly killed two satellites Intelsat already paid to build, and the cancellation says more about the death of geostationary economics than any earnings call ever could
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SES just quietly killed two satellites Intelsat already paid to build, and the cancellation says more about the death of geostationary economics than any earnings call ever could
The two largest European satellite operators are abandoning planned geostationary satellites and pushing the capital toward low Earth orbit, a clear signal that the GEO build-out era is winding down even at its most committed players. SES has canceled two software-defined satellites inherited from Intelsat, mirroring Eutelsat’s earlier decision to scrap its Flexsat Americas program and redirect more than 100 million euros toward LEO growth. The …
·Australia
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