Investor Presentaiton
Government - 12% of group revenue
只
Addressing government needs and constraints and providing unique capabilities
▲ New applications driving demand
▲ Transforming business model to capture growth
Capacity and services (USD Million
NSR SES estimates)
Revenue development (EUR Million)
▲ Recent performance
259
•
USG stabilisation with growth in Global government
+6.9% CAGR
4,096
2,937
246
242
22
10
13
▲ Leveraging competitive advantages
237
232
233
•
Unique proposition with MEO, unlocking new applications
2017
2022
2015
2016
With about 50% of the growth driven by
Underlying
2017
Periodic
unmanned aircraft systems (drones)
Direct access to USG and certifications
Added capabilities of SES-16/GovSat-1
SES
SES Networks focusing on customer needs to develop pragmatic business model and leverage competitive advantage
Government dynamics
Increasing needs for space-based connectivity...
▲ Urging geopolitical factors: Intelligence, Surveillance, Recognition and resilience
▲ More data hungry applications: unmanned vehicles / Cloud / Troop welfare
▲ Government and institutions setting ambitious target to close 'digital divide' involving satellite
Combined with continued Budget / Operational constraints
▲ 'Best price technically acceptable' approach for US and in other countries / institutions
▲ Emergence of multi-country / institution procurement exercises
▲ US Government (~8% of group revenue)
▲ Providing services 50 different clients through 15 different agencies
CORATION
NOAA
NASA
▲ Direct relationship with US government with SES GS proxy board
▲ Certification to bid for all connectivity solutions including the most
complex (CS3)
▲ MEO rollout from 1 to nearly 20 sites in 2 years
SES investor presentation I September 2018
MELAND
VE VICU
Leading to tailored SES approach for these segments
▲ Dedicated go-to-market approach tailored to requirements of individual country
procurement approach along with official certifications to bid for all types of missions
▲ Development of specific solutions for the new applications combined with advantage of
MEO and dedicated government satellite to go beyond commoditised capacity
▲ Offer alternatives to ease budget constraints, improve resilience and accelerate time to
space by supporting Hosted payloads (currently 5)
▲ Innovative business model to de-risk government and SES investment and increase
addressable market with value added partner: Joint venture or Private Public Partnership
▲ Global government (~4% of group revenue)
▲ Recently created organisation, serving 58 clients around the globe
UN
NATO
OTAN
esa
GALILEO
European Space Agency
KATIVIK
Government of
the Netherlands
LUX
DEV
Luxembourg Agency for
Development Cooperation
▲ Partnering with governments or institutions to deliver new applications
▲ Leveraging MEO to deliver hybrid terrestrial and satellite
telecommunication infrastructure to Burkina Faso
GOV
A
SAT JV with Luxemburg to leverage dedicated government satellite
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