---
title: "Satellite firm SES's revenue jumps 80% as airplane connectivity gains momentum"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286044681.md"
description: "Luxembourg-based satellite operator SES reported an 80% year-on-year revenue increase to 847 million euros in Q1, meeting market expectations. The aviation sector excelled, with over 40 long-haul aircraft commitments from Japan Airlines and nearly 600 aircraft using SES's multi-orbit connectivity system. SES also extended its EGNOS GEO-1 satellite service agreement with the EU through 2030 and is advancing the IRIS² programme in collaboration with the European Commission."
datetime: "2026-05-12T06:10:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286044681.md)
  - [en](https://longbridge.com/en/news/286044681.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286044681.md)
---

# Satellite firm SES's revenue jumps 80% as airplane connectivity gains momentum

May 12 (Reuters) - Luxembourg-based satellite operator SES on Tuesday reported first-quarter results in line with market expectations and reiterated its yearly guidance, as it flagged strong momentum in its aviation and European infrastructure businesses.

Revenue was 847 million euros ($996 million) in the quarter, up 80% year-on-year at constant currency. The company signed 306 million euros worth of new business and contract renewals over the three-month period.

The aviation business was a standout performer, CEO Adel Al-Saleh said in a statement, with commitments secured for more than 40 long-haul aircraft for Japan Airlines ( JPNRF ).

SES and Boeing ( BA ) also reached a milestone toward a factory line-fit solution for the multi-orbit system across all Boeing ( BA ) aircraft models, he said. "During the quarter, our Aviation business benefitted from nearly 600 aircraft now flying with the SES multi-orbit inflight connectivity system, delivering fast, dependable internet access to millions of passengers," Al-Saleh said.

On the European infrastructure front, SES and the European Union Agency for the Space Programme extended the EGNOS GEO-1 satellite service agreement through 2030, helping maintain high-precision navigation services for aviation and other critical users across Europe.

SES also continues to progress through orders for the IRIS² programme, working closely with the European Commission to validate project cost, technical requirements and delivery timelines.

The company said it remained committed to the European Union's vision for a sovereign space-based connectivity infrastructure.

($1 = 0.8508 euros) (Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak)

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