SES Partners with K2 Space to Build Cheaper Satellite Network

One of Europe’s leading satellite operators, SES SA, is betting on US company K2 Space to build a cheaper and faster network for internet connectivity amid increased competition from newer rivals like SpaceX and Blue Origin.

Luxembourg-based SES said it will buy 28 satellite buses, the main platform of the spacecraft, from Los Angeles startup K2 Space for its new network of around 100 satellites in medium-Earth orbit (MEO), about 8,000 kilometers above the planet.