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SES AI Reports First Quarter 2024 Earnings Results; Affirms 2024 Outlook

SES AI Reports First Quarter 2024 Earnings Results; Affirms 2024 Outlook
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SES Agrees To Buy Intelsat For $3.1 Bln In Cash Plus Certain Contingent Value Rights; Stock Up

SES Agrees To Buy Intelsat For $3.1 Bln In Cash Plus Certain Contingent Value Rights; Stock Up
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SES Agrees To Buy Intelsat For $3.1 Bln In Cash Plus Certain Contingent Value Rights; Stock Up

SES AI Corp. (SES), Tuesday announced the decision to acquire Intelsat Holdings for a cash consideration of $3.1 billion and certain contingent value rights. The company said that the acquisition, to be closed during the second half of 2025, would be financed from existing cash and equivalents, and issuance of new debt.

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SES Agrees To Buy Intelsat For $3.1 Bln In Cash Plus Certain Contingent Value Rights; Stock Up

SES AI Corp. (SES), Tuesday announced the decision to acquire Intelsat Holdings for a cash consideration of $3.1 billion and certain contingent value rights. The company said that the acquisition, to be closed during the second half of 2025, would be financed from existing cash and equivalents, and issuance of new debt.

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SES AI, Hyundai Motor and Kia Agree to Enter the Next Phase of Their Joint Development Contract

This agreement marks two world firsts for SES AI: It is the first time a Lithium-Metal battery manufacturer has agreed to build a line within an automotive OEM’s facility, and it makes SES AI the.

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