What Plan-S does

Plan-S is a vertically integrated space technology company headquartered in Ankara, Türkiye, founded in 2021 to design, manufacture, launch, and operate small satellite systems and a proprietary LEO satellite IoT constellation. The company operates two primary business lines: Space Services, which sells turnkey satellite platforms (CubeCore for 3U–16U CubeSats and MicroCore for 30–200 kg microsatellites), in-house subsystems (Software Defined Radio, UHF/S-Band/X-Band antennas, PSRW reaction wheels, magnetorquers), ground stations, and ground segment software; and Connecta, a wholly-owned subsidiary that delivers direct-to-satellite IoT connectivity via LoRaWAN and NB-IoT protocols, supported by a modem family (Lite, Solar, Basic, Pro), the IoT Core platform, and integration with Türk Telekom's enterprise portfolio. As of January 2026, the company has launched 21 satellites since 2022, with 16 active IoT satellites in orbit, and operates ground stations in Ankara, Erzurum, and Sweden.

The company's commercial model combines recurring subscription revenue from Connecta IoT connectivity, hardware sales of platforms and subsystems to other satellite operators, and managed end-to-end space mission services. Customers and partners span Türkiye-based utilities (OEDAŞ, Adm Elektrik with 2,000 deployed modems), telecom (Türk Telekom), Azerbaijani IoT integration (Azercosmos, Elsmart), and research institutions (METU). Plan-S also operates the Observa Earth observation service, applying AI-powered analytics to optical, thermal, and multispectral imagery for infrastructure, agriculture, and environmental monitoring applications.

The go-to-market is sales-led and event-driven, anchored by enterprise sales to utilities, government, and defence customers across energy, agriculture, defence, infrastructure, environmental, and transportation verticals. The company pursues geographic expansion through regulatory approvals (Türkiye, Australia, Denmark), channel partnerships (Türk Telekom), and event-driven demand generation (MWC, IAC, GITEX, Dubai Airshow). Leadership transitioned in 2025 with Özdemir Gümüşay becoming CEO, and the company is funded primarily by a $40 million Ziraat Bank facility from August 2024 alongside apparent founder equity.

Name

Plan-S

Legal name

Plan-S

Website

https://plan.space

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

101–250 employees

Short description

Plan-S is a vertically integrated Turkish space technology company that designs, manufactures, launches, and operates small satellites, delivering direct-to-satellite IoT connectivity through its Connecta LEO constellation and Earth observation analytics through its Observa platform, serving utilities, agriculture, defence, and infrastructure customers.

Ownership category

akta.pro rank

Product category

Satellite Systems and Space Technology

NAICS

Satellite Telecommunications (51741), Satellite Telecommunications (517410), Computer Systems Design and Related Services (54151)

SIC

Computer Communications Equipment (3576), Communications Services, Nec (4899)

akta.pro primary industry

Satellite IoT & Machine-to-Machine (M2M) Connectivity (LPWAN over Satellite) (HDAIAJAF)

akta.pro secondary industries

Satellite Ground Segment & Gateway Services (Teleports, Gateways, Ground Station-as-a-Service) (HDAIAJAH), Satellite Broadband Terminals & Gateways (VSAT/LEO CPE) (HDAFAIAM), Enterprise Satellite Connectivity & Managed Services (VSAT, SD-WAN over Satcom) (HDAIAJAB)

Keywords

• Satellite IoT connectivity
• Small satellite manufacturing
• LEO satellite systems
• Earth observation services
• Space mission services

Headquarters

HQ city

Ankara

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Infrastructure, Personnel, Operations, Marketing or Sales

Revenue model

1. Connecta IoT Satellite Connectivity Services: Monthly/annual subscription fees for satellite IoT connectivity delivered via the Connecta IoT Network constellation, enabling direct-to-satellite device communication for off-grid assets. Revenue is driven by device count and data usage across commercial and government customers.
2. Satellite Platform and Subsystem Sales: Sale of CubeCore and MicroCore satellite platforms along with proprietary subsystems (reaction wheels, magnetorquers, SDR, antennas) to commercial and institutional customers. Provides end-to-end mission services from design through operations.
3. Space Services (Mission Design, Launch, Operations): End-to-end space mission services including platform customization, launch coordination, on-orbit commissioning, and mission data delivery for satellite operators and payload hosts.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Plan-S designs, manufactures, launches, and operates small satellites in low-earth orbit, providing end-to-end space solutions across two commercial pillars. Space Services delivers turnkey satellite platforms (CubeCore 3U-16U and MicroCore 30-200 kg) plus in-house subsystems (SDR, UHF/S/X-band antennas, reaction wheels, magnetorquers) and mission services from design through operations. Connecta, a wholly owned subsidiary, operates a proprietary LEO satellite constellation delivering direct-to-satellite IoT connectivity via LoRaWAN and NB-IoT, supported by rugged IoT Modems, Modules & Antennas, and the IoT Core management platform. Observa provides AI-powered Earth observation analytics using optical, thermal, and multispectral data.

Product overview

Plan-S is a vertically integrated space technology company offering end-to-end satellite solutions through two main divisions: Space Services and Connecta. Space Services provides complete satellite lifecycle support including spacecraft platforms (CubeCore for 3U-16U CubeSats and MicroCore for 30-200 kg microsatellites), communications products (Software Defined Radio, UHF/S-Band/X-Band antennas and transmitters), attitude control systems (Reaction Wheels PSRW-11/500 and Magnetic Torque Rods), and ground segment infrastructure (Ground Stations and Ground Segment Software with CoM, SatEx, and MCS). Connecta delivers satellite-based IoT connectivity through a product ecosystem comprising IoT Modems (Lite/Solar/Basic/Pro variants), Modules & Antennas, and IoT Core network management platform. The company also offers Observa Earth observation analytics service with AI-powered processing. All products are designed, manufactured, and operated in-house since 2021, with 21 satellites launched demonstrating flight heritage at scale.

Differentiator

Problem solved

Functional benefit

Brands

• Connecta: Satellite IoT connectivity brand providing global satellite-based Internet of Things connectivity through LEO constellation
• Observa
• CubeCore
• MicroCore

Products and services

• CubeCore Turnkey CubeSat platform family spanning 3U to 16U form factors with vertically integrated design, manufacturing, launch, and operations. Validated through Plan-S operational constellations and delivered as a complete service to commercial and institutional satellite operators.
• MicroCore Microsatellite platform in the 30-200 kg class offering seamless path from concept to orbit. Available in 8, 15, and 24 bus variants with custom payload integration and full lifecycle service for commercial and institutional missions.
• Software Defined Radio (SDR) Reconfigurable SDR platform for small spacecraft providing scalable processing and multi-application support within a single modular radio subsystem, operating from 70 MHz to 6 GHz with FPGA-accelerated signal processing and in-orbit reconfigurability.
• UHF Deployable Dipole Antenna Patented deployment dipole antenna with TRL-9 flight heritage providing ~2 dBi peak gain and stable radiation patterns for small satellite missions requiring stable UHF-band connectivity.
• UHF Deployable Monopole Antenna Fail-safe deployable monopole antenna for TT&C links optimized for 360-440 MHz with patented stress-free deployment mechanism eliminating cable fatigue and providing ~0 dBi omnidirectional coverage.
• X-Band Transmitter Configurable X-band transmitter engineered for sustained high-throughput downlink for Earth observation and data-intensive small satellite missions.
• X-Band Patch Array Antenna High-gain, low-profile array antenna for LEO small satellites providing efficient downlink capabilities with simplified integration.
• S-Band Patch Antenna Compact S-band antenna delivering robust TT&C uplink and downlink performance with ~96° beamwidth, TVAC qualified with flight proven heritage across -40°C to +85°C.
• S-Band Dual Patch Antenna Dual-band stacked-patch antenna operating over 2025-2110 MHz and 2200-2290 MHz with combined transmit and receive paths, offering ~6.1 dBi gain for compact satellite platforms.
• PSRW-11 Reaction Wheel Fine pointing reaction wheel for nanosatellite attitude control with 10.9 mN.s rated momentum, 10 mN.m maximum torque, and 5+ year designed lifetime, with 13 units operating on 5 satellites since June 2024.
• PSRW-500 Reaction Wheel High-performance reaction wheel for 50-100 kg microsatellite platforms with 516.2 mN.s rated momentum and 5+ year designed lifetime, with first launch expected June 2026.
• Magnetic Torque Rod (PS-MTQ) Magnetic actuation solutions for spacecraft attitude control including PS-MTQ-4.0 (4 A·m² magnetic moment) and PS-MTQ-0.8 (0.85 A·m²), designed for detumbling and reaction wheel unloading with integrated drive electronics and low residual magnetization.
• Ground Stations Modular ground station architecture for UHF and S-band communications with X-band expansion planned, supporting TT&C, command uplink, payload downlink with high-precision auto-tracking and 24/7 availability across a four-station network.
• Ground Segment Software Suite Integrated cloud-ready ground software suite including Constellation Management Software (CoM), Satellite Exchange Services (SatEx), and Mission Control Software (MCS) for autonomous end-to-end multi-satellite operations.
• Connecta IoT Modems Rugged, very low-power satellite IoT modems with IP67-rated enclosures supporting LoRa/LR-FHSS with LoRaWAN protocol. Available in Lite, Solar, Basic, and Pro variants with multiple interface options for connecting off-grid devices.
• Connecta IoT Modules and Antennas IoT Module with STM32WB MCU and LR1110 RF IC plus Dual-Band Antenna forming the backbone of efficient global satellite IoT connectivity, featuring ultra-low power design, integrated multi-constellation GNSS, and BLE for activation.
• IoT Core Platform End-to-end IoT platform connecting millions of field devices to the cloud via satellite and terrestrial networks, managing full device lifecycle, data routing, and integration with hybrid connectivity supporting LoRaWAN and IP-based protocols.
• Observa Earth Observation Service Earth observation service delivering action-ready insights by combining space data with advanced analytics and AI-powered processing, providing optical imagery, thermal sensing, and multispectral coverage for sustainable development, infrastructure monitoring, and climate intelligence applications.
• Connecta IoT Network Connectivity Service Direct-to-satellite IoT connectivity service delivered via the proprietary Connecta IoT LEO constellation, providing LoRaWAN and NB-IoT protocol support for continuous global device connectivity beyond terrestrial coverage. Commercial service launched August 2024 with first batch of 4 satellites.

Quantifiable outcome

• 21 satellites launched and operated since 2022, with 16 active IoT satellites in orbit as of January 2026
• +2 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability5 records

Feature12 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• SpaceXcoreTechnology or Integration · 10 January 2026SpaceX provides launch services for Plan-S's Connecta IoT satellite constellation. Plan-S participated in SpaceX's first Twilight rideshare mission (Transporter 14 equivalent) launching 4 new Connecta IoT satellites (13-14-15-16), increasing the active constellation to 16 satellites.
• Türk TelekomcoreChannel Partner/ Reseller/ DistributorPlan-S and Türk Telekom signed a strategic agreement for Türk Telekom to incorporate Connecta LEO satellite IoT connectivity into its own product portfolio, enabling dissemination of satellite-based IoT services across Türkiye. Connecta is a 100% subsidiary of Plan-S providing the satellite IoT network.
• AzercosmoscoreTechnology or IntegrationPlan-S completed integration of its Connecta IoT Network with Azercosmos for satellite IoT data transmission in Azerbaijan. Data from sensors developed by Elsmart was successfully transmitted via Plan-S's satellite constellation, marking a significant milestone in Connecta's global integration efforts.
• ElsmartcoreTechnology or IntegrationAzerbaijan-based technology company developing IoT sensors integrated with Plan-S's Connecta IoT Network. Successful sensor data transmission was demonstrated as part of the Azercosmos integration, validating the end-to-end IoT connectivity chain in Azerbaijan.
• Adm ElektrikcoreStrategic or Co-development PartnerStrategic cooperation between Plan-S and Adm Elektrik resulted in Türkiye's first space-based meter reading system deployed in Muğla with 2,000 Connecta IoT modems connected to the satellite network, enabling remote smart meter data collection beyond GSM coverage.
• OEDAŞcoreStrategic or Co-development PartnerOEDAŞ, an electricity distribution company, partnered with Plan-S to monitor electrical grid and street lighting via satellite IoT. The system enables fault detection and rapid disaster response, reducing carbon footprint and enabling satellite-based monitoring of grid infrastructure.
• METU Institute of Marine SciencesminorStrategic or Co-development PartnerPlan-S installed its Connecta IoT Tracker Lite on METU's R/V Bilim-2 research vessel for continuous maritime tracking during a 45-day expedition, demonstrating coverage-independent vessel visibility and satellite tracking technology for marine research applications.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Sateliot: Spanish LEO nanosatellite operator building a 5G NB-IoT satellite constellation for direct-to-device IoT connectivity. Closest direct competitor to Plan-S's Connecta IoT network, targeting the same LoRaWAN/NB-IoT device ecosystem and enterprise verticals.
• Astrocast: Swiss smallsat operator running a commercial LEO IoT constellation with bidirectional S-band connectivity. Competes head-to-head with Connecta for asset tracking, maritime, and remote asset monitoring customers.
• Fleet Space Technologies: Australian LEO nanosatellite company providing direct-to-satellite IoT connectivity for mining, agriculture, and defence. Comparable business model with regional IoT focus and own satellite platform.
• Myriota: Australian low-power wide-area satellite IoT provider serving agriculture, logistics, and environmental monitoring. Directly comparable customer verticals and LPWAN-over-satellite proposition to Connecta.
• Kepler Communications: Canadian smallsat operator offering store-and-forward IoT/data relay plus narrowband connectivity. Competes with Plan-S's Space Services platform and constellation IoT ambitions using a similar vertically integrated approach.
• Swarm Technologies (SpaceX): Acquired by SpaceX, Swarm operates the world's largest commercial smallsat constellation for low-bandwidth IoT. Direct competitor to Connecta, with significantly greater capitalization and launch cadence via parent SpaceX.
• AAC Clyde Space: Swedish smallsat manufacturer and mission services provider selling CubeSat platforms, subsystems, and constellation services. Closely comparable to Plan-S's Space Services division (CubeCore/MicroCore) including ADCS components.
• GomSpace: Danish supplier of nanosatellite platforms, subsystems, and constellation services. Comparable to Plan-S in vertically integrated smallsat offerings and is also a relevant European peer from Denmark, where Plan-S holds a regulatory license.
• NanoAvionics: Lithuania-headquartered smallsat bus manufacturer and mission integrator offering turnkey satellite platforms and constellation services. Direct peer to Plan-S's Space Services / CubeCore / MicroCore line.

Broad incumbents

• Iridium Communications: Established LEO satellite operator with global narrowband IoT services (Iridium Edge, SBD) for asset tracking, maritime, and industrial monitoring. Larger incumbent serving overlapping customers with longer-tenured network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/WeArePlanS
• YouTubeyoutube.com/c/WeArePlanS/videos
• Facebookfacebook.com/WeArePlanS
• LinkedInlinkedin.com/company/weareplans
• Instagraminstagram.com/weareplans

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Plan-S