Intelsat, also known as Intelsat S.A., is a publicly owned company headquartered in Luxembourg, operating as a subsidiary of SES Satellites and the parent company of Gogo. Founded in 1964, the company employs approximately 2,190 individuals and reported $2.0B in revenue as of 2024, functioning as a tier 1 media tech buyer. The company specializes in enterprise connectivity services, operating a large satellite fleet and other connectivity infrastructure.

2024 Revenue

Founded

1964

Headcount

2,181

Headquarters

Luxembourg

Primary Segment

Enterprise connectivity services

Ownership

Publicly Owned

Deployments

88

News Summary:

On March 3, 2026, SES reported $2.94 billion in revenue for fiscal year 2025, with adjusted EBITDA reaching $1.34 billion and adjusted free cash flow totaling $256.5 million, reflecting the first year of financial consolidation following its acquisition of satellite operator Intelsat in July. On the same day, the leasehold interest in the Renzo Piano-designed complex at 4000 Connecticut Ave. NW, formerly known as Intelsat's headquarters, faced a foreclosure auction. Previously, on March 2, 2026, SES S.A. released its full-year 2025 results, marking the first reporting period since fully consolidating Intelsat after the acquisition closed on July 17, 2025. Seven months after purchasing Intelsat, SES reported a 1.6% drop in revenue and a 12.1% drop in adjusted EBITDA for the combined companies for the 12 months ending December 31, 2025. The company presented its 2025 results as if Intelsat had been part of the company for the full year, alongside a separate set of results accounting for Intelsat’s business since the July 17 transaction close.

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Intelsat offers 9 products in the connectivity and cloud and media tech industries. Intelsat's product portfolio comprises of enterprise connectivity services and connectivity and distribution services.
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Intelsat's revenues were $2.0B in 2024. Caretta Research has split Intelsat's revenue into 3 different product categories, the largest of which is satellite data connectivity, which represents 65% of Intelsat's revenue.
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Intelsat's customers primarily consist of armed Forces, defense and Space Manufacturing and telecoms companies. Examples of Intelsat's customers include US Army, United States Air Force and Orange Group. Intelsat has commercial and technical partners like United Nations, Amazon Web Services (AWS) and Microsoft. Examples of Intelsat's suppliers include Thales Alenia Space, Kratos Defense and Security Solutions and Maxar Technologies.

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