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 acquires spacecraft from Kongsberg NanoAvionics, OHB Sweden, Creotech of Poland and other suppliers, before performing assembly, integration and testing near Bilbao.

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.