Thorium Space

What Thorium Space does

Thorium Space S.A. is a Polish deep-tech company founded in 2017 and headquartered in Wrocław (with a secondary office in Warsaw) that designs and prototypes next-generation satellite telecommunications subsystems for the Ku and Ka frequency bands. Its core technology centres on active electronically scanned array (AESA) phased-array antennas with electronically steerable beams, supported by a proprietary family of analog beamforming integrated circuits — Wildside2731, Mystic1721, Farside1721 and Meadow2731 — co-developed with Sivers Semiconductors and manufactured by GlobalFoundries, with Thorium Space holding exclusive sales rights until 2034. The product portfolio spans flat-panel satellite terminals (Aurora Pro in Ka-band, Ares in Ku-band), modular FPGA-based digital payload processors with on-orbit resource allocation, Ka-band 16x16 active antenna modules for GEO/MEO satellites, and a complete suborbital rocket telemetry and communication system (SUBCOM) developed for the ILR-33 BURSZTYN 2K launcher in consortium with Łukasiewicz – Instytut Lotnictwa.

The company's revenue model blends multi-year R&D project contracts — awarded by the European Space Agency (HummingSAT), the Polish National Centre for Research and Development under the SZAFIR defence programme (T-XPDR), and the EU FENG programme (SUBCOM Phase II) — with hardware sales of terminals, payload subsystems and BFIC chips to satellite manufacturers, operators and defence customers. Go-to-market is direct enterprise sales into defence ministries, government agencies and satellite integrators, complemented by strategic partnerships with Creotech Instruments (joint satellite integration with HyperSat, plus a 19.99% option agreement), ESA, and Sivers/GlobalFoundries. The company employs a team of more than 30 engineers, completed a 22 million PLN public offering in June 2026, and is preparing for a Q3 2026 debut on the Warsaw Stock Exchange NewConnect market as part of a 2026-2036 development strategy aligned with EU sovereign SATCOM initiatives including IRIS² and GOVSATCOM.

Name

Thorium Space

Legal name

Thorium Space S.A.

Website

https://thorium.space

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Thorium Space S.A. is a Polish deep-tech firm designing electronically steered phased-array satellite terminals, proprietary Ka-band beamforming ICs, and flexible digital communication payloads for European defence ministries, institutional clients and satellite operators.

Ownership category

akta.pro rank

Product category

Satellite Communication Systems

NAICS

Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing (334220), Guided Missile and Space Vehicle Manufacturing (336414), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)

SIC

Communications Equipment, Nec (3669), Guided Missiles & Space Vehicles & Parts (3760), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)

akta.pro primary industry

Satellite Broadband Terminals & Gateways (VSAT/LEO CPE) (HDAFAIAM)

akta.pro secondary industries

Space Payloads & Instruments (Sensors, Comms, EO/IR) (IMABACAD), Spacecraft Avionics, Flight Computers & Software (IMABACAI), Ground Segment Systems (Ground Stations, TT&C, Mission Ops) (IMABACAJ)

Keywords

• Satellite communication systems
• Phased array antennas
• Beamforming integrated circuits
• Satellite payload subsystems
• Defense SATCOM technology

Headquarters

HQ city

Wroclaw

HQ country

Poland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. R&D Project Contracts: Revenue from government-funded research projects including ESA contracts, NCBiR defense programs (SZAFIR), and EU funding (FENG, POIR). Projects include SUBCOM, T-XPDR, HummingSAT, and commercial development contracts.
2. SATCOM Products and Components: Sales of proprietary satellite terminals (Aurora Pro, Ares), beamforming ICs (BFIC chipsets), and payload subsystems to satellite manufacturers, operators, and defense sector clients.
3. ASIC Chip Sales: Exclusive rights to sell specialized BFIC chips until 2034, produced by GlobalFoundries via Sivers Semiconductors, both for internal use and external customers
4. Satellite as a Service: Offering satellite communication bundled with proprietary ground terminals for customers requiring complete communication solutions

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Thorium Space designs and prototypes next-generation satellite telecommunications subsystems operating in Ku and Ka frequency bands. Its portfolio includes flat-panel phased-array satellite terminals with electronically steerable beams, proprietary beamforming ICs (BFICs), flexible on-orbit communication payloads (digital processors and active antenna arrays), and suborbital rocket telemetry/communication systems. All products are designed in Poland and target institutional, defense, and critical infrastructure customers in Europe and globally.

Product overview

Thorium Space offers a portfolio of satellite communication products and technologies spanning four main areas: (1) Beamforming ICs - four specialized chips (Wildside2731, Mystic1721, Farside1721, Meadow2731) for Ka-band beamforming in ground and space segments, developed with Sivers Semiconductors with exclusivity until 2034; (2) Satellite Terminals - Aurora Pro (Ka-band) and Ares (Ku-band) flat panel phased array terminals with electronic beam steering; (3) Communication Payloads - modular digital processors, active antenna arrays, and SDR modules for GEO/LEO satellites; (4) Suborbital Rocket Systems - telemetry and communication systems including conformal wraparound antennas, SDR modules, mobile ground stations, and LoRa GPS localization. All products are designed 100% in Poland and target institutional, defense, and critical infrastructure markets.

Differentiator

Problem solved

Functional benefit

Brands

• Aurora: Prototype flat-panel Ka-band satellite terminal with electronically steered beam for LEO/MEO/GEO orbits, designed in Poland using commercially available electronic components and proprietary integrated circuits.
• Aurora PRO
• Ares
• BFIC Chipset Family

Products and services

• Aurora Pro Satellite Terminal

Quantifiable outcome

• 14x growth potential in secure SATCOM demand in EU by 2040 according to EUSPA
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Sivers Semiconductors ABcoreTechnology or IntegrationPartnership for development and production of beamforming ICs (BFIC) in Ka band. Sivers Semiconductors developed four specialized chipsets (Wildside2731, Mystic1721, Farside1721, Meadow2731) on behalf of Thorium Space. Chips manufactured by GlobalFoundries Inc. Thorium Space holds exclusive rights to sell these chips until 2034.
• Creotech Instruments S.A.coreStrategic or Co-development PartnerStrategic technology and business cooperation for modern satellite communication systems. Partnership includes joint technology and product development, and offering complete satellite systems. Creotech will integrate Thorium Space communication payloads with HyperSat satellite platform. Also signed option agreement for Creotech to acquire 19.99% stake (1,100,560 J-series shares) at discounted price.
• European Space Agency (ESA)coreStrategic or Co-development PartnerHummingSAT partnership program for development of new line of European small telecommunication satellites for geostationary orbit. Thorium responsible for mission requirements definition and digital payload communication design. Contract for Phase A (feasibility study) worth approximately 2.67 million EUR, in cooperation with Swissto12.
• Łukasiewicz – Instytut LotnictwacoreStrategic or Co-development PartnerConsortium partner in SUBCOM project (Satellite Detection and Communication System for Suborbital Rockets). Thorium Space as project leader developing two-way ground-rocket communication and telemetry system for ILR-33 BURSZTYN 2K suborbital rocket. Project co-financed by EU FENG program.
• Swissto12coreTechnology or IntegrationPartner in ESA HummingSAT program responsible for adaptation, construction and delivery of satellite platform developed under the HummingSat program. Cooperating with Thorium Space on digital payload communication architecture for small geostationary satellite.
• Polska Grupa Zbrojeniowa (PGZ)minorStrategic or Co-development PartnerParticipation in Polish Armament Industry Forum organized by PGZ. First meeting of PGZ group companies with private sector. Thorium Space represented at event exploring potential partnership and cooperation with PGZ member companies.
• GlobalFoundries Inc.coreTechnology or IntegrationManufacturing partner for beamforming ICs via Sivers Semiconductors. Produces the specialized BFIC chipsets (Wildside2731, Mystic1721, Farside1721, Meadow2731) for Thorium Space under exclusive agreement until 2034.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Kymeta Corporation: Kymeta designs and manufactures flat-panel satellite antennas with electronically steered beams for fixed and mobile SATCOM applications. Directly comparable to Thorium Space's Aurora Pro and Ares terminal families in form factor, target customers (defense, government, commercial mobility), and core beam-steering technology.
• Satixfy Communications: Satixfy develops satellite communication chips (Primo chipsets) and user terminals for LEO/GEO SATCOM. Closely comparable to Thorium Space across both the BFIC/satellite terminal stack and target markets (in-flight connectivity, defense, IoT). Like Thorium, Satixfy is pursuing a vertically integrated chip-to-terminal model.
• ThinKom Solutions: ThinKom produces phased array and mechanically assisted flat-panel satellite antennas for defense, government, and commercial mobility markets. Comparable to Thorium's Aurora terminal line in electronically steered beam technology and SOTP/SOTM use cases, with established in-flight and defense deployments.
• Hanwha Phasor (formerly Phasor Solutions): Phasor (now part of Hanwha) develops electronically steered phased array antennas for satellite communications on the move. Comparable in core AESA technology and defense/commercial mobility target markets, though with deeper corporate backing post-Hanwha acquisition.
• Swissto12: Swissto12 develops RF payloads and small geostationary satellites (HummingSat platform) using 3D-printed RF technologies. Directly comparable as a partner within the ESA HummingSAT program and adjacent in HummingSAT small-GEO satellite payload development targeting European sovereign telecom missions.
• Isotropic Systems (All.Space): Isotropic Systems (now All.Space) develops multi-beam, multi-orbit flat-panel satellite terminals with simultaneous LEO/GEO connectivity. Directly comparable to Thorium's dual-beam Aurora Pro terminal in multi-satellite simultaneous communication capability and defense/government target markets.

Broad incumbents

• Viasat: Viasat is a major global satellite communications operator and equipment manufacturer with broad SATCOM portfolio including defense terminals, Ka/Ku-band systems, and satellite payloads. Competes broadly with Thorium Space across multiple product lines but as a much larger incumbent serving government and commercial markets globally.
• Hughes Network Systems: Hughes is a global SATCOM equipment provider and operator with significant defense and government business, offering VSAT terminals, gateway equipment, and satellite broadband services. Operates broadly in the same space as Thorium but at much larger scale with established government contracts.

Regional players

• Creotech Instruments: Creotech Instruments is a Polish space technology company developing the HyperSat satellite platform and offering integration services for small satellite missions. Strategic partner of Thorium Space with an option agreement for ~19.99% ownership stake; adjacent in Polish/European sovereign space supply chain.

Others

• Sivers Semiconductors: Sivers Semiconductors is a Swedish semiconductor company that co-developed Thorium's BFIC chipset family (Wildside, Mystic, Farside, Meadow) for Ka-band beamforming. Acts as a technology/integration partner rather than competitor, with GlobalFoundries manufacturing the resulting ICs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/thoriumspace

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds3 records

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 Thorium Space