TAMPA, Fla. — SES announced plans Sept. 16 to deploy a satellite co-developed with manufacturing startup K2 Space early next year, marking the start of a more iterative approach to upgrading its medium Earth orbit (MEO) broadband constellation.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...