What Planetek Hellas does

Planetek Hellas is a Greek space technology company founded in 2006, headquartered in Kifisia, Athens, operating in satellite Earth Observation (EO), spatial data infrastructure, and space/ground segment software development. The firm delivers an integrated EO stack spanning three product lines: the Rheticus cloud-based geoinformation services (Displacement, Network Alert, Marine, Map2Fish, Wildfires) for environmental and infrastructure monitoring; the Preciso SAT series of satellite-imagery analysis modules (Land, Coast, 3D, Fast, Index, Landslide, Ortho, Urban); and a space software suite including SpaceOP3C (patented on-board hyperspectral compression and AI/ML cloud classification under European Patent EP3347852), Space SDG, EarthBIT, ERMES mission operations software, and KADMOS PDGS. In March 2026 it expanded into satellite operations with the OPTISAT 6U CubeSat, demonstrating secure optical communications up to 1 Gbps and on-board AI/ML EO processing.

The company monetizes primarily through professional services and licensing directed at European institutional buyers: ESA tender contracts (€13M+ across 2023-2024), EU Commission grants under Horizon Europe (€3.7M ORION, 2026), and direct Hellenic Ministry of Digital Governance procurement (€11.5M Government Hub, 2024). Industrial primes (Airbus Defence & Space UK, Leonardo, Indra, Thales Alenia Space) and EU agencies (EU SatCen, FRONTEX, EEA, INTERPOL) represent additional named customers. In April 2025 D-Orbit acquired 100% of Planetek Hellas, integrating the firm into a 600+ employee group with satellite manufacturing and in-orbit servicing capabilities; Planetek Hellas retains operational autonomy and its ~50 Greek engineers and scientists as of the most recent disclosures. The Athens Satellite Command and Control Center (C2), inaugurated in November 2025, positions the firm to operate multi-mission satellite constellations for civil, security, and environmental customers.

Geographically the company serves European and EMEA markets with a single-country footprint (Greece) at the corporate level, distributing exclusively through B2G and B2B channels; there is no consumer or SMB offering. The firm maintains a strong regulatory and institutional positioning as prime contractor on the Greek National Microsatellite Programme and a recurring partner in ESA, Copernicus, and Horizon Europe programmes. Revenue is not publicly disclosed, but the cumulative gross value of awarded contracts across 2023-2026 indicates a services-led business in the low-to-mid double-digit €M annual range against a base of approximately 50 direct employees.

Name

Planetek Hellas

Legal name

Planetek Hellas Single Member LTD

Website

https://planetek.gr

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Planetek Hellas is a Greek space technology firm (founded 2006, ~50 engineers in Athens, D-Orbit group subsidiary) that develops Earth Observation software, on-board satellite AI/compression systems, and geospatial analytics services for ESA, the European Commission, the Hellenic government, and EU security agencies.

Ownership category

akta.pro rank

Product category

Earth Observation Software & Geospatial Analytics

NAICS

Surveying and Mapping (except Geophysical) Services (541370), Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370), Guided Missiles & Space Vehicles & Parts (3760)

akta.pro primary industry

Satellite Imagery & Remote Sensing Geospatial Platforms (BPAMANAM)

akta.pro secondary industries

Remote Sensing & Geospatial Vision (satellite/drone imagery) (HDAAAEAL), Remote Sensing & Earth Observation Analytics (Satellite/UAV/LiDAR, Image Processing) (EUAHAKAD), Satellite Network Operations & Capacity Services (NOC, Capacity Leasing, Managed Payload Services) (HDAIAJAI)

Keywords

• Earth observation services
• Satellite mission software
• Geospatial data analytics
• Ground segment solutions
• On-board data processing

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. ESA Government Contracts: Major revenue stream from European Space Agency contracts for satellite missions, ground segment development, and space technology projects. Includes Greek Microsatellite Programme, TRUTHS mission support, and Government Hub development.
2. EU Commission Grants: Horizon Europe and EU-funded research grants (e.g., ORION €3.7M grant) for collaborative EO and SatCom systems development.
3. Greek National Government Contracts: Contracts with Greek Ministry of Digital Governance for national satellite programs, including Governmental Hub for Satellite Data (€10M contract) and Security & Civil Protection subsystems (€1.5M contract).
4. Software Licenses and Products: Licensing of proprietary software products including SpaceOP3C (on-board compression), ERMES (Mission Operations), KADMOS (PDGS), and Rheticus platform services to space agencies and satellite operators.
5. EU Institutional Contracts: Contracts with EU agencies including EU SatCen (border surveillance), European Environment Agency (Copernicus services), and INTERPOL (counterterrorism support via satellite Earth Observation).
6. Industrial Prime Contracts: Prime contractor work for major European space industries (Airbus, Leonardo, Indra) supporting ESA mission development with specialized software and ground segment services.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Planetek Hellas develops and sells Earth Observation (EO) software products and cloud-based geospatial analytics services for space agencies, governments, and satellite operators. Its portfolio includes on-board satellite data compression (SpaceOP3C), mission operations platforms (ERMES), payload data ground segment systems (KADMOS), cloud-based geoinformation services (Rheticus), satellite imagery analysis products (Preciso SAT series), and image processing tools (EarthBIT). The company also operates the OPTISAT 6U CubeSat mission for secure optical communications and on-board EO data processing, and provides professional services to ESA, EU institutions, and the Greek government.

Product overview

Planetek Hellas operates as a Greek space technology company (founded 2006) providing a comprehensive Earth Observation and geospatial analytics portfolio organized around three main product lines: Rheticus (cloud-based geoinformation services including Displacement for ground surface/infrastructure monitoring, Network Alert for water network leak detection, Marine for coastal water quality, and Map2Fish for fishery management); Preciso SAT (specialized satellite imagery analysis services including Land for planning, Coast for coastal monitoring, 3D mapping, Fast for emergency response, Index for environmental planning, Landslide detection, Ortho for orthoimagery, and Urban for construction monitoring); and Space Software (including SpaceOP3C for on-board hyperspectral compression and cloud classification, Space SDG for satellite constellation management, EarthBIT for image processing, ERMES for mission operations, and KADMOS for multi-mission EO data processing). The company also develops and operates the OPTISAT 6U CubeSat for secure optical communications and on-board Earth Observation processing.

Differentiator

Problem solved

Functional benefit

Brands

• Rheticus: Cloud-based geoinformation platform for monitoring changes in the world, including Wildfires, Marine, Displacement, Network Alert, and Map2Fish services.
• Preciso SAT Series
• SpaceOP3C
• Space SDG
• EarthBIT
• ERMES
• Kadmos

Products and services

• Rheticus Displacement

Quantifiable outcome

• Data compression ratio of 12-22x for hyperspectral satellite data
• +3 more outcomes

Named customers12 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

Integration5 records

AI capability7 records

Feature8 records

Partnerships

27 partnerships are on record, tiered core and supporting.

• Thales Alenia Space (France, Spain, Luxembourg)coreStrategic or Co-development Partner · 1 May 2026Consortium partner in ORION €3.7M EU Commission project. Leading European space company contributing to next-gen collaborative EO and SatCom systems development under Horizon Europe.
• TESATcoreTechnology or Integration · 1 October 2025TESAT delivered SCOT20 Optical Communication Terminal for OPTISAT CubeSat mission. SCOT20 enables secure laser-based communications from orbit supporting up to 1 Gbps data rates. Terminal complies with SDA and ESTOL optical communication standards. Critical component for OPTISAT's demonstration of secure space communications.
• D-OrbitcoreStrategic or Co-development Partner · 1 April 2025Strategic business combination completed April 2025. D-Orbit acquired 100% of Planetek shares. Planetek Hellas becomes a D-Orbit group company. Combined entity includes 600+ employees and satellite manufacturing facility. Integration enables expansion in cloud-based space applications, AI-powered in-orbit data processing, and near real-time data services. Both companies maintain operational autonomy while pursuing synergies in space logistics and Earth Observation.
• ESA (European Space Agency)coreStrategic or Co-development Partner · 1 March 2025Long-standing strategic partner for Greek space initiatives. ESA supports Greek National Microsatellite Programme designed by Ministry of Digital Governance. Planetek Hellas operates OPTISAT CubeSat under ESA contract. ESA's Greek Connectivity Programme funds optical communication capabilities development. Multiple ESA contracts for TRUTHS mission, Government Hub, and security applications.
• EnduroSatsupportingTechnology or IntegrationEuropean supplier supporting OPTISAT mission with CubeSat bus components. Bulgarian company specializing in micro-satellite platforms and services.
• SkyLabssupportingTechnology or IntegrationEuropean partner providing mission support for OPTISAT CubeSat. Contributes to the industrial and technological ecosystem supporting the mission.
• Planetek ItaliacoreStrategic or Co-development PartnerSister company and affiliate within Planetek Group. Provides SpacEdge smart in-orbit data processing board for OPTISAT. Shares ERMES Mission Operations platform and KADMOS PDGS platform. Joint work on Copernicus projects and European coastal zone mapping. Strategic technology partner for space system products.
• University of Piraeus Digital Systems LabsupportingStrategic or Co-development PartnerGreek academic partner collaborating on OPTISAT mission. Integrates advanced cybersecurity, blockchain, and AI-based technologies into the CubeSat mission.
• JNP Consultancy ServicessupportingStrategic or Co-development PartnerGreek SME partner in OPTISAT mission collaboration. Contributes to mission development and technology integration.
• BitRezus (ESA BIC Greece)supportingTechnology or IntegrationGreek startup specializing in blockchain technology, supported by ESA BIC Greece. Testing Astropledge cybersecurity solution for Low Earth Orbit satellite constellations as part of OPTISAT mission.
• Airbus Defence & Space UKcoreStrategic or Co-development PartnerPrime contractor for ESA TRUTHS mission. Planetek Hellas supports Airbus with software development for Phase A/B1 including End-to-End Mission Performance Simulator and Observation Performance Simulator. Part of five-country TRUTHS initiative with UK as main contributor (85.5%) and Greece contributing 6.2%.
• ALSO Space (Belgium)supportingStrategic or Co-development PartnerEuropean space company partner in ORION consortium for next-gen collaborative EO and SatCom systems development.
• Space Hellas SAsupportingStrategic or Co-development PartnerGreek company subcontracted for Governmental Hub development under ESA contract. Contributes to Greek national space infrastructure development.
• Neuropublic SAsupportingStrategic or Co-development PartnerGreek company subcontracted for Governmental Hub development under ESA contract. Contributes to Greek national space infrastructure development.
• Knowledge SAsupportingStrategic or Co-development PartnerGreek company subcontracted for Governmental Hub development under ESA contract. Contributes to Greek national space infrastructure development.
• National Intelligence Agency (ΕΥΠ)supportingImplementation/ SI/ Consulting PartnerGreek national intelligence agency collaborating on Safety & Security subsystem of Governmental Hub for Greek EO Satellite Constellation.
• Center for Security Studies (KEMEA)supportingImplementation/ SI/ Consulting PartnerGreek research and advisory body for Civil Security policy, supervised by Ministry of Citizen Protection. Collaborating on Safety & Security subsystem and INTERPOL counterterrorism project.
• Foundation for Research and Technology - Hellas (FORTH)supportingStrategic or Co-development PartnerMajor Greek research institution collaborating on Safety & Security subsystem of Governmental Hub. Contributes scientific expertise to national space program.
• National Technical University of Athens (NTUA)supportingStrategic or Co-development PartnerLeading Greek technical university collaborating on Safety & Security subsystem of Governmental Hub. Contributes academic expertise to national space infrastructure.
• National Observatory of Athens (NOA)supportingStrategic or Co-development PartnerGreek research institution collaborating on Safety & Security subsystem of Governmental Hub. Supports national space program with astronomical and atmospheric research capabilities.
• GeoVille GmbH (Austria)supportingStrategic or Co-development PartnerAustrian Earth Observation service provider in consortium with Planetek Italia for European Environment Agency Copernicus Land Monitoring Service. Partner in European Coastal Zone hotspot thematic mapping project.
• Telespazio Ibérica (Spain)supportingStrategic or Co-development PartnerSpanish space company in consortium with Planetek Italia for European Environment Agency Copernicus Land Monitoring Service. Partner in European Coastal Zone hotspot thematic mapping project.
• Janes (UK)supportingStrategic or Co-development PartnerWorld-renowned open-source intelligence company for security and defense based in UK. Partner in ESA contract supporting INTERPOL Counterterrorism Unit, providing security domain expertise.
• Center for Security Studies (KEMEA)supportingImplementation/ SI/ Consulting PartnerGreek scientific, research and advisory body for Civil Security policy. Supervised by Greek Ministry of Citizen Protection. Partner in ESA contract for INTERPOL Counterterrorism Unit support.
• LeonardosupportingStrategic or Co-development PartnerStrategic industrial collaboration with major European aerospace, defense and security company. Contributes to European technological sovereignty initiatives.
• IndrasupportingStrategic or Co-development PartnerStrategic industrial collaboration with major Spanish aerospace and defense company. Contributes to European space technology projects and national programs.
• RheinmetallsupportingStrategic or Co-development PartnerStrategic industrial collaboration with German defense and automotive technology group. Contributes to defense and dual-use space technology applications.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Open Cosmos: UK-based NewSpace company designing, building, and operating small satellites with integrated EO and IoT payloads. Comparable to Planetek Hellas in offering end-to-end mission services and CubeSat capabilities, with similar emerging-market positioning for institutional customers.
• EnduroSat: Bulgarian CubeSat bus and platform supplier working with Planetek Hellas on OPTISAT. Operates in the overlapping small-sat and EO downstream space, with shared customers in ESA programmes and Greek/EU institutions.

Direct peers

• GMV: Spanish space systems integrator offering ground-segment software, mission operations, GNSS, and EO data processing. Competes with Planetek Hellas for ESA contracts and EU institutional EO programmes, with a comparable mix of professional services and software products.
• Deimos Space: Spanish/UK space company providing satellite systems, EO services, ground segment software, and mission operations. Directly competes in ESA EO and Copernicus tenders and shares Planetek's B2G go-to-market across European institutions.
• Planetek Italia: Sister company within the former Planetek Group and now affiliate through D-Orbit. Operates the same Rheticus, ERMES, KADMOS and SpaceOP3C product lines with overlapping Copernicus and EO services customers across Europe — the closest functional twin to Planetek Hellas.

Broad incumbents

• Telespazio: Italy-based space services major offering EO data processing, satellite operations, and downstream Copernicus services through its e-GEOS joint venture. Overlaps with Planetek Hellas on Copernicus Land Monitoring and European Coastal Zones projects but at much larger scale.
• e-GEOS: Telespazio/ASI joint venture providing Earth Observation products and services including Rheticus-adjacent offerings such as coastal monitoring, displacement mapping, and emergency response. Targets the same EU institutional buyers with a broader product portfolio.
• Indra Space: Spanish aerospace and defense major and Planetek Hellas industrial collaboration partner. Competes for ESA mission development contracts while collaborating on European space technology projects, operating as a broader incumbent in EO, defense, and air-traffic systems.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/planetekhellas
• Facebookfacebook.com/PlanetekHellas

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

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M&A

Investments

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

Frequently asked questions about Planetek Hellas