spacetoday.net: space news from around the webin association with SpaceNews


SES reassures investors after Moody's downgrade
Posted: Sat, Feb 22, 2025, 11:15 AM ET (1615 GMT)
Satellite operator SES moved to reassured investors after receiving a downgrade from a major ratings agency. Moody's downgraded the Luxembourg-based satellite operator's outlook from stable to negative but kept its Baa3 long-term issuer rating, one notch above non-investment grade. It pointed to the expected rise in net debt at SES to finance its acquisition of Intelsat as a factor weakening SES's financial profile. In response, SES issued a financial update ahead of its earnings announcement next week, stating that revenue will be at the upper end of its forecast of 1.94-2 billion euros ($2-2.1 billion). Adjusted EBITDA, or earnings before interest, taxes, depreciation, and amortization, is also set to surpass forecasts of 950 million to 1 billion euros.
<<previous article   next article>>
news in brief
Shenzhou-20 launches to Tiangong space station
Posted: Sun, Apr 27 10:25 AM ET (1425 GMT)

Falcon 9 launches Starlink satellites
Posted: Sun, Apr 27 10:20 AM ET (1420 GMT)

Northwood Space raises $30 million
Posted: Sun, Apr 27 10:16 AM ET (1416 GMT)

news links
Saturday, May 3
Terran Orbital Picked for $237M Space Force Contract
Orange County (CA) Business Journal — 9:45 am ET (1345 GMT)
Army to Roll Out Enlisted Space Ops Specialty
US Dept. of Defense — 9:45 am ET (1345 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list