-+ 0.00%
-+ 0.00%
-+ 0.00%

SES targets up to EUR 1.35 billion IRIS2 MEO investment, aims for service entry in 2030

PUBT·08/07/2026 08:56:50
Listen to the news
SES targets up to EUR 1.35 billion IRIS2 MEO investment, aims for service entry in 2030
  • SES set a next-generation MEO strategy tied to IRIS², keeping 18 MEO satellites on track for targeted service entry in 2030.
  • Capital commitment for the MEO segment set at up to EUR 1.35 billion, with FY26 spending covered in the existing capex outlook.
  • Funding plan excludes any use of future exceptional cash proceeds; contract IRR expected to meet a minimum 10% hurdle rate.
  • Roughly 90% of MEO capacity earmarked for commercial use by SES, supporting long-term revenue across government, mobility, enterprise, cloud connectivity.
  • Execution plan includes building MEO payloads in Luxembourg, leading user terminal development, running operations, provisioning LEO/MEO services via IRIS² control centers.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SES SA published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.