Space
Space Hellas is a Greek system integrator (Athens Stock Exchange: ATG) delivering integrated ICT, cybersecurity, cloud, and physical security solutions to public sector and enterprise clients across seven countries, with FY2025 turnover of €152.9 million.
- Company typePublic
- Founded1989
- HeadquartersAgía Paraskeví, Greece
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Space does
Space Hellas S.A. is a Greek system integrator and value-added solutions provider listed on the Athens Stock Exchange (ticker: ATG), founded in 1985 and headquartered in Agia Paraskevi, Athens. The company delivers integrated ICT and security solutions spanning data communications and networking, hybrid IT infrastructure, cybersecurity, unified communications, cloud services (Microsoft CSP Tier-1), video surveillance and access control systems, managed services (NOC, SOC), professional services (penetration testing, digital forensics), GRC services (GDPR, ISO 27001, ISO 22301, NIS 2), and telecom services. It operates across seven countries — Greece, Cyprus, Serbia, Malta, Germany, Jordan, and Netherlands — and serves two primary customer segments: the public sector (government ministries, municipalities, public hospitals, regulatory bodies) and enterprise clients in banking, energy, aviation, and retail.
The company's technology portfolio is anchored by vendor certifications with Cisco (Gold Partner, IoT Specialization for Greece-Cyprus-Malta), Microsoft (CSP Tier-1 with Advanced Specializations in Azure migration), and Dell Technologies (Titanium Partner). Proprietary capabilities include the Integrated Security Management Platform and the SenseOne IoT & Data Intelligence platform (absorbed into Space Hellas in 2026 within the new Applied Intelligence & IoT Solutions Division). Through its 60%-owned subsidiary SingularLogic S.A., the company extends into ERP, CRM, SAP, ServiceNow, and Microsoft Power Apps solutions. Additional minority stakes in Web-IQ B.V. (32.28%, OSINT), AgroApps (35%, smart agriculture), and Mobics (mobile/IoT) round out the group portfolio.
Space Hellas generates revenue primarily through project-based system integration contracts and managed services agreements, with supplementary recurring revenue from cloud subscriptions and telecom services. The go-to-market model relies on direct enterprise field sales, public tender responses, and co-sell through technology vendor channels. FY2025 consolidated turnover was €152.9 million, with EBITDA holding at €9.3 million in H1 2025. Major customers include the Ministry of Civil Protection (€29.3M border control project), HELLENiQ ENERGY, Athens International Airport, FRAPORT GREECE, Praxia Bank, Athens Exchange Group, and Cyprus Trading Corporation. Alpha Bank holds approximately 20% of share capital as a significant shareholder.
Space firmographics
Firmographics- Name
- Space
- Legal name
- SPACE HELLAS S.A.
- Website
- https://space.gr
- Company type
- Public
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Space Hellas is a Greek system integrator (Athens Stock Exchange: ATG) delivering integrated ICT, cybersecurity, cloud, and physical security solutions to public sector and enterprise clients across seven countries, with FY2025 turnover of €152.9 million.
- Ownership category
- akta.pro rank
Space industry classification
Industry- Product category
- ICT System Integration Services
- NAICS
- Computer Systems Design and Related Services (54151), Computer Facilities Management Services (541513), Security Systems Services (except Locksmiths) (561621)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- IT Operations, Event & Incident Management (NOC/SOC-to-ITSM) (BPAEAJAH)
- akta.pro secondary industries
- Data Center Operations & Managed Services (Remote Hands, NOC/SOC) (HDABANAA), Attack Detection & Response for Cloud/SaaS (SOC for Cloud) (HDADAGAJ), Cloud & Infrastructure Support (Servers, Storage, Virtualization) (BPAAACAE)
Keywords
Where Space is headquartered
LocationHeadquarters
- HQ city
- Agía Paraskeví
- HQ country
- Greece
- HQ region
- Europe
Offices3 records
Markets served
Space business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales
Revenue model
- System Integration: Design, supply, implementation and support of integrated ICT solutions combining multiple technology components from various vendors into complete working systems.
- Managed Services: Ongoing managed services including NOC, security management and monitoring, cloud managed security, and managed firewall services.
- Professional Services: Professional consulting services including cybersecurity audits, penetration testing, digital forensics, network mapping, and compliance consulting.
- Cloud Services: Cloud solutions including Microsoft Azure Stack, hybrid cloud, cloud connectivity, and cloud managed services through Microsoft CSP Tier-1 partnership.
- Telecom Services: Telecommunications services for carriers and corporate customers including network solutions and data services.
- GRC Services: Governance, Risk and Compliance services including GDPR compliance, ISO 27001 ISMS, NIS 2 compliance, and business continuity management.
- Meteorological Services: Provision of meteorological radar data and services on a service-level agreement basis over multi-year contract periods.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Space product offering
Product offeringCore offering
Space Hellas is a Greek System Integrator and Value Added Solutions Provider that designs, supplies, implements, and supports integrated ICT and security solutions combining multi-vendor technology components. Core offerings span ICT Solutions (data communications, hybrid IT, cybersecurity, unified communications), Cloud Services as a Microsoft CSP Tier-1 partner, Security Systems (video surveillance, access control, video analytics & AI), Managed Services (NOC/SOC, threat hunting, managed firewall), Professional Services (penetration testing, digital forensics), GRC Services (GDPR, ISO 27001, ISO 22301, NIS 2), and Telecom Services.
Product overview
Space Hellas is a System Integrator and Value Added Solutions Provider offering a comprehensive portfolio of ICT and security solutions. The company operates a platform-plus-services model with core offerings in ICT Solutions (Data Communications, Hybrid IT, Security, Infrastructure, Cybersecurity, Unified Communications), Cloud Services (Microsoft CSP Tier-1 including Azure migration and hybrid cloud), Security Systems (Video Surveillance, Video Analytics & AI, Access Control), Managed Services (NOC, SOC, Threat Hunting), Professional Services (Penetration Testing, Digital Forensics), GRC Services (GDPR, ISO 27001, ISO 22301, NIS 2 compliance), and Telecom. The portfolio is enhanced through subsidiaries including SingularLogic (ERP, CRM, SAP, ServiceNow), SenseOne (IoT & Data Intelligence), Web-IQ (Open-Source Intelligence), AgroApps (Smart Agriculture), and Mobics. Major solutions include national border control systems, ISMS/BCMS implementations, and the European BUILDSPACE project. The company serves Greece, Cyprus, Serbia, Malta, Germany, Jordan, and Netherlands markets.
Differentiator
Problem solved
Functional benefit
Brands
- Applied Intelligence & IoT Solutions Division: Division focused on IoT, data intelligence, and applied intelligence solutions addressing critical challenges across energy, buildings, enterprises, defense and security, industry, and smart infrastructure.
Products and services
- ICT Solutions Integrated ICT solutions covering data communications and networking, hybrid IT, infrastructure, cybersecurity, unified communications and collaboration, customer experience, and business solutions. Designed for public sector and enterprise organizations needing multi-vendor ICT integration projects.
- Cloud Services Cloud solutions delivered as Microsoft CSP Tier-1 partner including Azure migration, hybrid cloud, cloud connectivity, cloud managed services, Azure Virtual Desktop, and Space Managed VMware Horizon. Targeted at organizations seeking cloud transformation and managed cloud operations.
- Security Systems Physical security systems including video surveillance, video analytics and AI, access control, protection and safety systems, security systems management platform, and fire/intrusion alarm systems. Designed for critical infrastructure, airports, government facilities, and large enterprise premises.
- Managed Services Ongoing managed IT and security services including Network Operations Center (NOC), Security Operations Center (SOC), security management and monitoring, threat hunting and incident response, vulnerability management, behavioral analytics, managed firewall, and cloud managed security. Provided on subscription/contract basis to public and enterprise clients.
- Professional Services Cybersecurity and IT consulting services including red team engagement, penetration testing, vulnerability assessments, phishing readiness audits, network mapping and analysis, cyber security audit and consulting, compliance audit and remediation, digital forensics, and OS/service hardening. Targeted at organizations needing specialist security expertise.
- GRC Services Governance, Risk and Compliance services including GDPR programs, ISO 27001 ISMS implementation, ISO 22301 BCMS, NIS 2 compliance, CISO-as-a-Service, DPO Services, IT audits, risk management, and Quality Management System implementation. For organizations needing regulatory and standards compliance.
- Telecom Services Telecommunications services for carriers and corporate customers including network mapping and data solutions spanning data center connectivity, DWDM fiber optics, and network infrastructure for telecom operators.
- SingularLogic Business Solutions Software integration, ERP, CRM, HRMS, Loyalty systems, SAP solutions, ServiceNow for business workflow automation, Business Intelligence, Analytics, Microsoft Power Apps, and portals & e-commerce solutions through the SingularLogic subsidiary. Specializes in vertical solutions for retail, fuel, financial, and IoT-enabled building/city/industrial applications.
- SenseOne IoT & Data Intelligence Platform IoT and data intelligence platform enabling organizations to optimize resource management and achieve sustainable operations through smart utilization of data. Addresses challenges across energy, buildings, enterprises, defense and security, industry, and smart infrastructure. Now integrated as the Applied Intelligence & IoT Solutions Division.
- Meteorological Radar Network Services X-Band meteorological radar network services in Cyprus covering Larnaca and Paphos locations, providing meteorological information services to the Cyprus Meteorological Department on a long-term SLA basis.
Quantifiable outcome
- Delivered €29.3 million External Border Control System for Ministry of Civil Protection
- +2 more outcomes
Companies that use Space
Customer profileNamed customers17 records
Segments5 records
Ideal customer profiles3 records
Space technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability3 records
Feature3 records
Space partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered minor and core.
- European Space Agency (EUSPA)minorEUSPA European Program provided €3 million funding for the BUILDSPACE project coordinated by Space Hellas and SingularLogic. Project uses satellite data analysis, digital twins, AR/VR, and drones for building energy efficiency.
- SingularLogiccoreSingularLogic is a subsidiary member of Space Hellas Group, providing software integration, ERP solutions, and public sector software applications. Space Hellas holds 60% stake with Epsilon Net holding 40%. SingularLogic provides solutions including SAP, ServiceNow, Business Intelligence, and vertical solutions for retail and fuel sectors.
- SenseOnecoreSenseOne was absorbed into Space Hellas as a wholly-owned subsidiary. The merger strengthens Space Hellas' technological footprint in IoT, data, and applied intelligence. SenseOne's IoT & Data Intelligence platform is now part of the new Applied Intelligence & IoT Solutions Division.
- Web-IQminorSpace Hellas holds 32.28% stake in Web-IQ B.V. (Netherlands), specializing in Open-Source Intelligence solutions. Second round of investment completed with €1.1 million investment.
- AgroAppsminorSpace Hellas holds 35% stake in AgroApps, a smart agriculture solutions provider. Second investment phase completed with €825,000 total investment.
- MobicsminorMobics is a subsidiary member of Space Hellas Group, providing innovative mobile and IoT solutions.
- Epsilon SingularLogicminorSpace Hellas holds 39.972% stake in Epsilon SingularLogic, a joint venture with Epsilon Net for commercial and accounting software applications and ERP systems.
- CiscocoreCisco Gold Certified Partner with multiple specializations including IoT Specialization Partner for Greece-Cyprus-Malta. Multiple Cisco Partner Awards including Partner of the Year 2018. Provides unified communications, data center, and security solutions.
- MicrosoftcoreMicrosoft CSP Tier-1 (Cloud Solutions Provider), Gold Partner with Advanced Specializations in Windows Server and SQL Server Migration to Azure, and Linux and Open Source Databases Migration to Azure. Operates in Greece, Cyprus, and Malta.
- Dell TechnologiescoreDell Technologies Titanium Partner with multiple Partner of the Year awards. Provides enterprise infrastructure, storage, and computing solutions.
- National Technical University of AthensminorResearch partner in BUILDSPACE European project consortium for building energy efficiency.
- University of CambridgeminorResearch partner in BUILDSPACE European project consortium.
- Municipality of PiraeusminorUrban stakeholder partner in BUILDSPACE European project for building energy efficiency and climate resilience.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
Space competitors and assessment
Company assessmentDirect peers
- Indra Sistemas: Spanish IT services and defense systems company with a similar public-sector, defense, and transport vertical mix. Closest peer in profile: sovereign contracts (border/security), systems integration, and recurring managed services across Iberia and Latin America.
- Reply: Italian-headquartered SI and digital services group specializing in cloud, cybersecurity, and IoT/data platforms for enterprise and public sector. Closely mirrors Space Hellas's pivot toward managed services and IoT/data intelligence alongside core integration.
- Econocom: European IT integrator and managed services provider with strong public-sector and large-enterprise footprint across Benelux, France, Iberia, and Italy. Comparable on multi-vendor integration, managed workplace, and recurring services model.
Broad incumbents
- Atos: Large European systems integrator with deep public-sector, defense, and cybersecurity practices. Comparable on managed services and digital transformation offerings but operates at materially greater scale and competes for the same Greek and EU sovereign mandates.
- Capgemini: Global systems integrator with a large European public-sector and managed services practice. Competes with Space Hellas on large Greek and EU transformation mandates but at a vastly greater scale and breadth.
- Unisys: Global IT services company with a longstanding public-sector, defense, and security practice. Comparable in mission-critical systems integration and managed services, though exposed to a much broader global market.
- Computacenter: European-headquartered IT infrastructure integrator with deep Cisco/Microsoft vendor alignment and a large managed services practice. Comparable in enterprise and public-sector integration but at significantly greater scale.
Regional players
- Tietoevry: Nordic-headquartered IT services and software company serving public sector, financial, and industrial customers. Comparable scale and managed-services-led model, with primary geographic focus in the Nordics but expanding into broader Europe.
- Bittnet Systems: Romania-headquartered IT integrator and training group operating across Romania, Bulgaria, and neighboring markets. Similar sub-€200M revenue band and public-sector exposure but with a more local SE European footprint.
- Proact IT Group: Nordic-led enterprise infrastructure integrator and managed services provider. Comparable in multi-vendor data center, cloud, and security services, primarily serving Northern European enterprises and public sector.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Space social profiles
Digital presenceSpace compliance and trust
Trust signalCompliance4 records
Space financial estimates
Financial estimateRevenue estimate
Valuation estimate
Space leadership team
Management profileNumber of profiles
Profiles9 records
Space subsidiaries and ownership
Company hierarchySubsidiaries6 records
Space funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Space M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Space
What does Space do?
Space Hellas is a Greek System Integrator and Value Added Solutions Provider that designs, supplies, implements, and supports integrated ICT and security solutions combining multi-vendor technology components. Core offerings span ICT Solutions (data communications, hybrid IT, cybersecurity, unified communications), Cloud Services as a Microsoft CSP Tier-1 partner, Security Systems (video surveillance, access control, video analytics & AI), Managed Services (NOC/SOC, threat hunting, managed firewall), Professional Services (penetration testing, digital forensics), GRC Services (GDPR, ISO 27001, ISO 22301, NIS 2), and Telecom Services.
Is Space a public or private company?
Space is a public company. It is classified as public and is currently operating.
When was Space founded?
Space was founded in 1989. It employs 251 to 500 people.
Where is Space based?
Space is headquartered in Agía Paraskeví, Greece, in the Europe region.
How does Space make money?
Seven revenue lines are on record. System Integration is the primary driver. The others are managed Services, professional Services, cloud Services, telecom Services, GRC Services and meteorological Services.
Who are Space's main competitors?
Direct peers on record are Indra Sistemas, Reply and Econocom. Broad incumbents are Atos, Capgemini, Unisys and Computacenter. Regional players are Tietoevry, Bittnet Systems and Proact IT Group.
Does Space have an API?
No public API is recorded for Space.
What industry is Space in?
Space's product category is ICT System Integration Services. Its primary akta.pro industry code is BPAEAJAH, IT Operations, Event & Incident Management (NOC/SOC-to-ITSM), with a secondary code of HDABANAA, Data Center Operations & Managed Services (Remote Hands, NOC/SOC). Its NAICS code is 54151 and its SIC code is 7373.