Hellas Sat, a privately owned company headquartered in Greece, is a satellite communications solutions provider and a subsidiary of Arabsat, which acquired the company in 2013. Founded in 2001, the company operates with approximately 60 employees and reported $7.4M in revenue as of 2024. Specializing in enterprise connectivity services, Hellas Sat's satellites are located at the 39°E orbital slot, offering coverage over Europe, the Middle East, and Southern Africa. It serves DTH operators by delivering content to more than 3 million households and provides solutions to enterprises and governments seeking to expand connectivity.

2024 Revenue

Founded

2001

Headcount

71

Headquarters

Greece

Primary Segment

Enterprise connectivity services

Ownership

Privately Owned

Deployments

2

News Summary:

Hellas Sat participated in the European Union’s Horizon Europe programme's INTOPTEO Project on July 28, 2026, a research initiative focused on developing innovative technologies for next-generation satellite communications and Earth Observation systems. On the same day, the company invested in aerospace education by supporting students with scholarships through its collaboration with the Department of Aerospace Science and Technology at the National and Kapodistrian University of Athens. Earlier on July 20, 2026, Hellas Sat officially became a Corporate Member of Women in Aerospace Europe, reaffirming its commitment to diversity and inclusion within the European space sector. Simultaneously, the satellite operator prepared to implement a technical adjustment in the early hours of the following Tuesday to simplify reception of its new television signal in Cyprus, addressing weeks of reception difficulties for viewers following the shutdown of the Velister platform.

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Hellas Sat offers 2 products in the media tech and connectivity and cloud industries. Hellas Sat's product portfolio comprises of connectivity and distribution services and enterprise connectivity services.
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Hellas Sat's revenues were less than $10M in 2024. Caretta Research has split Hellas Sat's revenue into 2 different product categories, the largest of which is satellite data connectivity. For full access to Hellas Sat's revenue breakdown subscribe to Caretta Portal.
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