SES reported first-quarter revenue of 847 million euros, or approximately $996 million, reflecting an 80% increase year over year at constant currency.
The company said results were broadly in line with market expectations as it reaffirmed its full-year guidance.
SES also secured 306 million euros in new business agreements and contract renewals during the quarter, highlighting continued demand for satellite connectivity and infrastructure services.
The company has increasingly positioned itself as a major player in aviation connectivity, government infrastructure, and multi-orbit communications services.

Aviation Connectivity Business Gains Momentum

SES identified its aviation division as one of the strongest-performing areas during the quarter.
Chief Executive Officer Adel Al-Saleh said the company secured commitments covering more than 40 long-haul aircraft for Japan Airlines.
The company also announced continued progress in its partnership with Boeing toward integrating SES’s multi-orbit satellite connectivity system directly into Boeing aircraft production lines.
SES said nearly 600 aircraft are now operating with its inflight connectivity technology, providing internet access to millions of airline passengers globally.
The growing demand for reliable onboard internet services has become a major growth driver for satellite operators as airlines increasingly view connectivity as a competitive necessity.

European Infrastructure Business Expands

SES also reported important developments tied to European space and navigation infrastructure.
The company and the European Union Agency for the Space Programme extended the EGNOS GEO-1 satellite services agreement through 2030.
The agreement supports high-precision navigation capabilities used in aviation and other critical European infrastructure systems.
SES said it also continues advancing work related to the European Union’s IRIS² programme, a major initiative aimed at building sovereign European satellite communications infrastructure.
The company is currently working with the European Commission to finalize technical requirements, project costs, and delivery schedules tied to the programme.

Europe Pushes for Sovereign Space Infrastructure

The IRIS² initiative reflects Europe’s broader effort to strengthen strategic independence in satellite communications and digital infrastructure.
European policymakers increasingly view sovereign satellite systems as critical for communications security, navigation services, defense coordination, and technological competitiveness.
SES stated that it remains committed to supporting the European Union’s long-term vision for an independent space-based connectivity network.
The project also comes as competition intensifies globally among satellite operators, commercial space companies, and governments investing heavily in orbital communications infrastructure.

Satellite Industry Positioned for Long-Term Growth

Demand for satellite-based internet, aviation connectivity, and secure communications services continues expanding rapidly worldwide.
The rise of connected aircraft, remote infrastructure needs, cloud-based applications, and government security requirements has created new growth opportunities for satellite operators capable of delivering high-speed, low-latency connectivity.
SES’s growing multi-orbit strategy, which combines different types of satellite networks, positions the company to compete more aggressively in the evolving global communications market.
Investors are expected to continue monitoring airline adoption rates, European infrastructure contracts, and future space programme developments as major drivers of SES’s long-term growth outlook.