Satlantis earnings grow alongside demand for Earth-observation satellites

WASHINGTON – Satlantis reported revenues of 47.8 million euros ($56.4 million) in 2025, with more than 50% of the Spanish company's income derived from small-satellite sales and operations. Audited earnings before interest, taxes, depreciation and amortization were 14.4 million euros.

Since payloads are the core of Earth-observation missions, "the platform should be conceived around the payload and not the other way around," Juan Tomas Hernani, Satlantis co-founder and CEO, told SpaceNews by email.

Satlantis also is expanding its staff and facilities. In 2025, Satlantis established a plant with 1,000 square meters of laboratory space and clean rooms. Another 13,000-square-meter factory, scheduled open in 2028, will be on the Bilbao campus of the University of the Basque Country.