🟢 SES AI Surges 10.3% After Disclosing $5.6 Billion FCC Incentive Payment for C-band Spectrum Clearing

SES AI is trading 10.3% up today at $0.56 after the company disclosed it expects to receive approximately $5.6 billion in FCC incentive payments.

• The payment is for clearing 160 MHz of upper C-band spectrum, a decision approved by the FCC on July 22, 2026.
• SES, alongside Eutelsat, expects to receive a collective $6.1 billion, with SES's portion being the largest.
• This development represents a significant fundamental catalyst, driving the stock's sharp advance.