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SES (BDL:SESGL) Is Up 10.5% After Locking In Long-Term ADF UHF Capacity In Indo-Pacific – Has The Bull Case Changed?
In January 2026, SES announced an extended agreement to provide the Australian Defence Force with secure, uninterrupted satellite communications for at least 16 years via the repositioned Intelsat 22 satellite and a new ground segment built on Australian soil.
This deal helps lock in scarce ultra-high frequency military capacity in the Indo-Pacific, underpinning Australia’s communications edge and cooperation with allies such as the United States.
Next, we’ll examine how securing long-term...