SES

Luxembourg Parliament Approves MGS, Enabling NATO’s Access to SES’s O3b mPOWER System

Retrieved on: 
Thursday, June 15, 2023

The MGS programme leverages the highly innovative O3b mPOWER satellite technology developed in Luxembourg by SES to bring unrivalled performance for a wide range of sovereign government missions spanning defence, disaster recovery, operations, and community building and welfare for deployed staff.

Key Points: 
  • The MGS programme leverages the highly innovative O3b mPOWER satellite technology developed in Luxembourg by SES to bring unrivalled performance for a wide range of sovereign government missions spanning defence, disaster recovery, operations, and community building and welfare for deployed staff.
  • In late 2022, Luxembourg and the U.S. entered into a support partnership with the aim of commercially contracting satellite communications capabilities through the NATO Support and Procurement Agency (NSPA).
  • “We welcome this important step in execution of Luxembourg Government’s defence space strategy that will greatly enhance the national Defence’s satcom capabilities’ resilience,” said Steve Collar, CEO of SES.
  • “O3b mPOWER contributes to building secure and sovereign networks as well as supporting critical missions of disaster recovery and response, and is fundamental for high-performance, resilient communications for Europe and NATO.”
    For more information and photos about O3b mPOWER, please visit the newsroom and the media gallery .

NSR’s Satellite Capacity Report Sees LEOs Massively Disrupting the Industry

Retrieved on: 
Tuesday, June 13, 2023

and LONDON, June 13, 2023 (GLOBE NEWSWIRE) -- NSR’s Satellite Capacity Supply & Demand, 20th Edition (SCSD20) observe the rapid rise in LEO satellites have forever altered the satellite capacity market, shifting it from high priced wholesale centric to one driven by near commodity pricing, value-added offerings and telco integration.

Key Points: 
  • and LONDON, June 13, 2023 (GLOBE NEWSWIRE) -- NSR’s Satellite Capacity Supply & Demand, 20th Edition (SCSD20) observe the rapid rise in LEO satellites have forever altered the satellite capacity market, shifting it from high priced wholesale centric to one driven by near commodity pricing, value-added offerings and telco integration.
  • Massive LEO/MEO supply, coupled with innovative ground segment technology now makes satellite offerings more relevant than ever to the broader telecom industry.
  • With over $257 billion in satellite capacity revenue projected over the next decade, it is clear LEO satellites are a critical enabler of this growth.
  • “The industry needs to embrace capacity commoditization and adapt its business models accordingly: end-to-end services for Backhaul, multi-architecture networks, Cloud, SD-WAN, etc.”
    “The Satcom industry is becoming extremely competitive as more Non-GEO solutions or services are added to the mix.

SES Announces its Chief Executive Officer Steve Collar to Step Down

Retrieved on: 
Monday, June 12, 2023

SES announces today that Steve Collar, Chief Executive Officer (CEO), will be stepping down at the end of June 2023 to pursue other professional and personal endeavours.

Key Points: 
  • SES announces today that Steve Collar, Chief Executive Officer (CEO), will be stepping down at the end of June 2023 to pursue other professional and personal endeavours.
  • The search for a successor is underway and Ruy Pinto, currently Chief Technology Officer of SES, will assume the role of CEO until a permanent successor is announced.
  • Frank Esser, Chairman of the SES Board of Directors, said, “We would like to thank Steve for his significant contribution to SES over a period of more than 20 years.
  • Prior to SES, Ruy spent over 25 years at Inmarsat in various lead technical and managerial roles.

SES Space & Defense Delivers Satellite Connectivity to AWS Modular Data Center for the U.S. Department of Defense

Retrieved on: 
Thursday, June 8, 2023

SES Space & Defense, a wholly-owned subsidiary of SES, today announced the availability of flexible, secure, and reliable satellite-powered network connectivity for AWS Modular Data Center.

Key Points: 
  • SES Space & Defense, a wholly-owned subsidiary of SES, today announced the availability of flexible, secure, and reliable satellite-powered network connectivity for AWS Modular Data Center.
  • AWS Modular Data Center makes it easy for the U.S. Department of Defense (DoD) to deploy modular data centers managed by Amazon Web Services (AWS) in infrastructure-limited locations.
  • In February 2023, AWS announced the availability of AWS Modular Data Center to the DoD under the Joint Warfighting Cloud Capability (JWCC) contract.
  • Customers operating in DDIL environments can utilize SES's satellite connectivity to support temporary AWS Modular Data Center deployments or as an interim connectivity solution for AWS Modular Data Center deployments, enabling customers to deploy workloads immediately upon the delivery of AWS Modular Data Center.

Eastern Bank Provides Financing For SPS New England, Inc.’s Conversion To An Employee-Owned Company

Retrieved on: 
Wednesday, June 7, 2023

Eastern Bank is pleased to announce its financing for SPS New England, Inc.’s (SPS New England) conversion to an employee-owned company.

Key Points: 
  • Eastern Bank is pleased to announce its financing for SPS New England, Inc.’s (SPS New England) conversion to an employee-owned company.
  • After working with SPS New England since 2017, Eastern Bank is now providing a term loan to support SPS New England’s conversion to employee ownership through the implementation of an Employee Stock Ownership Plan (ESOP), making it a fully employee-owned company.
  • Eastern Bank is also providing a revolving line of credit to support the company’s ongoing financial needs.
  • Commercial lending solutions include working capital/lines of credit, equipment/term loans, real estate loans, acquisition financing, asset-based lending and employee stock ownership plan-related financing.

Australian students in rural areas are not 'behind' their city peers because of socioeconomic status. There is something else going on

Retrieved on: 
Monday, June 5, 2023

Major international and national tests show rural students, on average, do not do as well at school as their city peers.

Key Points: 
  • Major international and national tests show rural students, on average, do not do as well at school as their city peers.
  • For example, in the 2018 PISA test, Australian students outside cities performed at lower levels in reading literacy, mathematical literacy and scientific literacy.
  • Most of the studies looking at rural students have focused on primary school students.

Our study

    • The study included all high schools, government (selective and not selective), Catholic and other independent schools, using data from the NSW Education Standards Authority.
    • For example Advanced English and Mathematics can potentially add more to a student’s ATAR (final rank) than Standard English and Mathematics General 2.

Our results

    • We found that when SES is controlled for, rural students still achieve lower results than non-rural students in HSC English and maths.
    • In Mathematics, the difference in average marks was approximately 6% and approximately 3% for Advanced and Standard English.

Why is this happening?

    • This includes a lack of access to some subjects in rural areas and teachers teaching out of their fields of expertise and training.
    • In the past, we had the Country Areas Program to help schools make the curriculum more meaningful to rural students.
    • This is because familiarity with the examples used in questions clouds a students ability to demonstrate the skill being tested.

What now?

    • The relationship between student background, their location and end-of-school achievement has not improved much in that time, regardless of more students finishing senior secondary school.
    • At the moment, the federal government is developing the next National Schools Reform Agreement, to start in January 2025.
    • Firstly, it needs to focus on achieving equity in access to senior secondary subjects for rural students.

Taiwan Ministry of Digital Affairs: Aerkomm awarded a Satellite Service Operators Licence, April 27, 2023

Retrieved on: 
Thursday, June 1, 2023

FREMONT, Calif., June 1, 2023 /PRNewswire/ -- Aerkomm Taiwan Inc., a subsidiary of Aerkomm Inc. USA, has been awarded a Satellite Service Operators License by the Taiwan Ministry of Digital Affairs on April 27, being one of only few legal Satellite Service Providers to offer connectivity to end customers.

Key Points: 
  • FREMONT, Calif., June 1, 2023 /PRNewswire/ -- Aerkomm Taiwan Inc., a subsidiary of Aerkomm Inc. USA, has been awarded a Satellite Service Operators License by the Taiwan Ministry of Digital Affairs on April 27, being one of only few legal Satellite Service Providers to offer connectivity to end customers.
  • Beyond this, Aerkomm is in the unique position to be the only NGSO (Non-Geostationary Orbit) Service Operation License holder in the Taiwan market.
  • With this operating license, Aerkomm can offer land services in Taiwan and Aero/Maritime services globally.
  • "SES is proud to announce they will deliver MEO connectivity services across Taiwan jointly with Aerkomm Taiwan Inc. and looks forward to expanding their relationship globally."

ID Quantique joins EAGLE-1, Europe's pioneering quantum key distribution initiative

Retrieved on: 
Wednesday, May 31, 2023

GENEVA, May 31, 2023 /PRNewswire/ -- ID Quantique (IDQ), the leader in quantum-safe security solutions, is proud to announce its participation in the EAGLE-1 initiative. EAGLE-1 is a QKD (Quantum Key Distribution) system integrating both space and ground segments that will deliver secure transmission of encryption keys across geographically dispersed areas and demonstrate the connection from space of EU's national quantum communications infrastructures for truly sovereign networks. EAGLE-1 is developed by a consortium of 20 European organisations led by SES and funded, in part, by the European Space Agency and the European Commission. For its part, IDQ will contribute to the development of a space-qualified cryptographic key generation system based on IDQ's quantum random number generator (QRNG) technology to TESAT, EAGLE-1 consortium member and Europe's leading laser communication technology company.

Key Points: 
  • EAGLE-1 is a QKD (Quantum Key Distribution) system integrating both space and ground segments that will deliver secure transmission of encryption keys across geographically dispersed areas and demonstrate the connection from space of EU's national quantum communications infrastructures for truly sovereign networks.
  • To deliver the payload, TESAT selected ID Quantique to contribute to the design and delivery of a space-qualified cryptographic key generation system based on IDQ's Quantum Random Number Generator (QRNG) chipsets technology.
  • Together with ID Quantique, we are looking forward to strengthen European collaboration and contributing to European sovereignty in space."
  • "Ensuring that communications remain safe is increasingly vital, and even more so with the rapidly-emerging technology of quantum computing," said Grégoire Ribordy, CEO of ID Quantique.

ID Quantique joins EAGLE-1, Europe's pioneering quantum key distribution initiative

Retrieved on: 
Wednesday, May 31, 2023

GENEVA, May 31, 2023 /PRNewswire/ -- ID Quantique (IDQ), the leader in quantum-safe security solutions, is proud to announce its participation in the EAGLE-1 initiative. EAGLE-1 is a QKD (Quantum Key Distribution) system integrating both space and ground segments that will deliver secure transmission of encryption keys across geographically dispersed areas and demonstrate the connection from space of EU's national quantum communications infrastructures for truly sovereign networks. EAGLE-1 is developed by a consortium of 20 European organisations led by SES and funded, in part, by the European Space Agency and the European Commission. For its part, IDQ will contribute to the development of a space-qualified cryptographic key generation system based on IDQ's quantum random number generator (QRNG) technology to TESAT, EAGLE-1 consortium member and Europe's leading laser communication technology company.

Key Points: 
  • EAGLE-1 is a QKD (Quantum Key Distribution) system integrating both space and ground segments that will deliver secure transmission of encryption keys across geographically dispersed areas and demonstrate the connection from space of EU's national quantum communications infrastructures for truly sovereign networks.
  • To deliver the payload, TESAT selected ID Quantique to contribute to the design and delivery of a space-qualified cryptographic key generation system based on IDQ's Quantum Random Number Generator (QRNG) chipsets technology.
  • Together with ID Quantique, we are looking forward to strengthen European collaboration and contributing to European sovereignty in space."
  • "Ensuring that communications remain safe is increasingly vital, and even more so with the rapidly-emerging technology of quantum computing," said Grégoire Ribordy, CEO of ID Quantique.

SES Set to Join Russell 3000® Index

Retrieved on: 
Thursday, May 25, 2023

SES AI Corporation (NYSE: SES), headquartered in Boston, a global leader in the development and manufacturing of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and other applications, today announced it is set to join the broad-market Russell 3000® Index.

Key Points: 
  • SES AI Corporation (NYSE: SES), headquartered in Boston, a global leader in the development and manufacturing of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and other applications, today announced it is set to join the broad-market Russell 3000® Index.
  • Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes.
  • Russell indexes are part of FTSE Russell, a leading global index provider.
  • For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .