SATLANTIS: The Spanish space company that challenges giants and leads global profitability

The Spanish company has announced 2024 financial results that exceeded all expectations, with a 48% growth in turnover, reaching €26,3 million, and an increase in EBITDA of over 100%, reaching €8,3 million. Furthermore, its net profit almost tripled, reaching €5,3 million. These figures not only consolidate its position as a the most profitable space company in the world, but also mark a milestone in the industry, demonstrating that an innovative and efficient business model is possible in the competitive space market.

The audit conducted by KPMG confirms what many already suspected: SATLANTIS has found the formula for success in space. With cash in excess of €30 million and an order book of over €40 million, the company is preparing for an even more promising 2025. Projections indicate an 82% increase in revenue, reaching €48 million, and a doubling of EBITDA, reaching €15 million.

The CEO of SATLANTIS, Juan Tomás HernaniHernani attributes this achievement to the company's disruptive vision and its focus on Earth Observation. "After 12 years in business, since 2013, it was time to demonstrate to the market that our disruptive approach leads the Earth Observation market. We produce synthetic images, a hybrid of optical and radar, that allow our satellites to increase their observational power more than 20 times," Hernani stated.

One of the keys to SATLANTIS's success is its low dependence on public space programs, which represent only 17% of its business. The remaining 88% comes from international clients, which demonstrates the competitiveness and global appeal of its products and services.

SATLANTIS technology is another key factor. The fusion of multiple sensors—visible, SWIR, cryogenic, and thermal imaging—provides unprecedented observation capabilities. “After seven successful launches, with a 100% success rate, we are currently building 17 satellites in collaboration with various European partners, all with sub-meter capabilities,” Hernani added.

The upcoming launches of the Graphium series, with 50 cm visible resolution, and the SuperSharp Hibiscus series, with 3-meter thermal imaging, will further consolidate SATLANTIS's position in the market. These technological advancements are crucial in a geopolitical landscape that demands increasingly precise and efficient Earth observation capabilities.

2025 is presented as a year of great challenges for SATLANTIS, with the objective of consolidate its growth through the industrial delivery of standard productsThe company seeks to demonstrate that the industrial revolution in the space sector is possible and profitable.