An agreement between SES S.A. (Euronext Paris and Luxembourg Stock Exchange: SESG) and GEE (NASDAQ: ENT) will provide Ku-band payload on SES’s AMC-3 satellite to boost capacity for its customers in North America, the Gulf of Mexico and Caribbean.
GEE will then rebrand the acquired satellite communications payload as Eagle 1. SES will operate the non-station-kept satellite and will support GEE’s strategic plan to optimize the quality of experience for its mobility customers on air land and sea.
The agreement between SES and GEE is encouraging due to the possibilities to open up growth opportunities across the mobility sector, with a unique approach that leverages healthy, reliable non-station-kept satellites.
SES has a diverse global network of more than 50 GEO and 12 MEO satellites, along with intelligent ground infrastructure, which offers a broad and complementary range of Ku-band, Ka-band, C-band and Ku-band HTS (High Throughput Satellite) capacity.
“GEE’s asset purchase aboard Eagle 1 demonstrates a new and unique approach capable of delivering next generation connectivity services—in the air, on land or at sea,” explained Elias Zaccack, SVP of SES’s Global Mobility Team and the Americas region. “It’s a great example of SES’s overall strategy, as we build a robust, global and multilayered network of traditional and high throughput capacity to meet the specific needs and requirements of high growth sectors. AMC-3 is well positioned to play a vital role in GEE’s delivery of connectivity solutions.”
“This satellite is a key element in the strategic expansion of our global satellite network,” said Abel Avellan President of GEE. “Our vision is to reach hundreds of millions of people on the move around the world with a reasonably priced, high-speed Wi-Fi experience that’s equivalent to what they get at their homes or offices. To that end, GEE is increasing satellite capacity and upgrading our robust ground infrastructure of owned teleports. We are also bringing to market a portfolio of exclusive solutions, such as our patented SpeedNet™ high-speed browsing technology. For users, that means the best value and experience for entertainment and internet mobility services wherever they travel.”