Space has become 'war-fighting domain' as militaries race to orbit, SES chief says
The Straits Times
March 2 - Space has become a war zone demanding military dominance across every orbit, the chief executive of SES said on Monday, as the satellite operator's shares jumped 4% after annual results, reflecting a broader rally in Europe's defence-tied stocks amid an escalating conflict in the Middle East. Read more at straitstimes.com.
March 2 - Space has become a war zone demanding military dominance across every orbit, the chief executive of SES said on Monday, as the satellite operator's shares jumped 4% after annual results, reflecting a broader rally in Europe's defence-tied stocks amid an escalating conflict in the Middle East.
Defence investors' focus on space-based missile defence systems, like U.S. President Donald Trump's Golden Dome initiative, is likely to rise as the conflict widens, analysts from Citi said in a note.
The key for such fast-evolving military systems is real-time intelligence sharing across defence units, SES CEO Adel Al-Saleh said during a post-earnings call.
He named France's nuclear aircraft carrier Charles de Gaulle, which last year led a multi-vessel Pacific Ocean mission relying on SES's satellite networks, as an example of this.
"Space is now a war-fighting domain," Al-Saleh told investors, saying militaries now place similar importance on space capabilities as air superiority, naval power or cybersecurity.
SES's trump card: offering sovereign network "slices" where governments have full control, he said, adding this service matched Europe's growing appetite for autonomy.
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