LA PLATA, Maryland — Satellite fleet operator SES on Feb. 26 asked the market to view its 2024 results — slightly higher revenue and adjusted EBITDA, a 1.1x leverage ratio, 3.2 billion euros ($3.36 billion) of cash and major new capacity coming for its nearly sold-out fleet of mPower fleet medium-Earth orbit satellites — as an answer to the question: Can anyone survive besides Starlink?
Luxembourg-based SES said the answer is yes, especially given the company’s short-term prospects:
First is . . .
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