Hellas Sat
Hellas Sat, a privately owned company headquartered in Greece, operates as a tier 2 media tech buyer and is a subsidiary of Arabsat. Founded in 2001, the company, with approximately 60 employees, reported $7.4M in revenue as of 2024. The company specializes in enterprise connectivity services, functioning as a satellite communications solutions provider. Hellas Sat utilizes satellites located at the 39°E orbital slot to offer coverage over Europe, the Middle East, and Southern Africa, serving DTH operators by delivering content to more than 3 million households, and providing solutions to enterprises and governments seeking to expand connectivity.

2024 Revenue

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Founded

2001

Headcount

55

Headquarters

Greece

Primary Segment

Enterprise connectivity services

Ownership

Privately Owned

Deployments

2

News Summary:

On March 26, 2026, Hellas Sat and Sparkle successfully completed a Proof of Concept (PoC) demonstrating quantum-safe satellite and terrestrial communications between their data centers in Greece. Earlier on the same day, Cyprus achieved the first operational use of EU GOVSATCOM secure satellite communications services, with Hellas Sat providing reliable governmental satellite capacity. Previously, on March 3, 2026, Hellas Sat, CNES, Thales Alenia Space, and Safran signed a framework cooperation agreement with France, Cyprus, and Greece to develop an optical communications system for future secure connectivity. This development followed the official launch of the EU GOVSATCOM initiative's operational phase on January 30, 2026, strengthening Europe’s secure satellite communications. In an earlier development, on December 15, 2025, Hellas Sat and Space Compass Corporation signed a Memorandum of Understanding (MoU) for technical and commercial collaboration on Optical Inter-Satellite Connectivity, focusing on cross-operator optical communication interoperability.

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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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Mar
26th
2026
06:19
Mar
26th
2026
05:11
Mar
3rd
2026
06:58
Jan
30th
2026
07:20
Dec
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2025
04:27
Nov
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2025
10:18
Oct
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2025
14:42
Jul
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2024
14:58
Jul
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2024
09:56
Jul
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2024
18:30
Jul
18th
2024
03:41
Jul
16th
2024
18:30

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