Hellas Sat

Hellas Sat

http://www.hellas-sat.net
https://www.linkedin.com/company/hellas-sat/

Hellas Sat, a privately owned company headquartered in Greece, is a satellite communications solutions provider and a subsidiary of Arabsat, which acquired the company in 2013. Founded in 2001, the company operates with approximately 60 employees and reported $7.4M in revenue as of 2024. Specializing in enterprise connectivity services, Hellas Sat's satellites are located at the 39°E orbital slot, offering coverage over Europe, the Middle East, and Southern Africa. It serves DTH operators by delivering content to more than 3 million households and provides solutions to enterprises and governments seeking to expand connectivity.

Revenue

Founded

2001

Headcount

71

Headquarters

Greece

Primary Segment

Enterprise connectivity services

Ownership

Privately Owned

Deployments

2

News Summary:

Cyprus's Department of Electronic Communications reactivated the previous digital terrestrial television platform Velister on July 10, 2026, to run it in parallel with the new DVB-T2 platform for three additional months. This decision followed a wave of problems reported by households since the full switch to the new DVB-T2 standard, which replaced the older DVB-T system used by Velister. Earlier, on July 2, Cyprus households faced issues tuning into the new frequencies after the DVB-T2 switchover, despite completing necessary settings or installing decoders. Previously, on June 30, Hellas Sat participated in the official GOVSATCOM demonstration at EU Space Days 2026 in Nicosia, showcasing secure satellite communications for emergency response when terrestrial networks are unavailable or degraded. Concurrently, the Municipality of Vari Voula Vouliagmeni became the first municipality in Greece to deploy Hellas Sat satellite communications as part of its civil protection strategy. This initiative followed Hellas Sat's earlier demonstration of its new Satellite-Enabled Emergency Response Vehicle (ERV) at InterAigis 2026, an integrated solution designed to ensure uninterrupted operational communications during emergencies and crisis situations.

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Hellas Sat offers 2 products in the connectivity and cloud and media tech industries. Hellas Sat's product portfolio comprises of connectivity and distribution services and enterprise connectivity services.

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Hellas Sat's revenues were less than $10M in 2024. Caretta Research has split Hellas Sat's revenue into 2 different product categories, the largest of which is satellite data connectivity. For full access to Hellas Sat's revenue breakdown subscribe to Caretta Portal.

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Jul

20th

2026

18:31

B2B Tag, Quality Issues

Hellas Sat to make technical fix to ease TV reception woes in Cyprus – Famagusta Gazette

Hellas Sat, the satellite operator, is to carry out a technical adjustment in the early hours of Tuesday aimed at simplifying reception of its new television signal, following weeks of difficulties for viewers since the shutdown of the Velister platform, company officials have said.

Famagusta Gazette

Jul

20th

2026

09:52

Events, B2B Tag, Events and Conferences

Women in Aerospace Europe: Hellas Sat Becomes a Corporate Member - Satellite Communication & Connectivity Solutions

Hellas Sat Joins Women in Aerospace Europe as Corporate Member Hellas Sat has officially become a Corporate Member of Women in Aerospace Europe (WIA-Europe), reaffirming its commitment to diversity, inclusion and equal opportunities across the European space sector.

Jul

13th

2026

03:38

The TV crisis was 15 years in the making, following €10 million auction in 2010

The uproar over Cyprus’s transition to high-definition television is not some sudden problem. It is the chronicle of a foretold failure. What we are living through now is the accumulated result of bad decisions, political neglect and investment paralysis stretching back some 15 years, bad enough to bring the country to within a hair’s breadth of losing free terrestrial television altogether.

Jul

11th

2026

02:00

Cyprus digital TV switch sparks 400 complaints as old network returns for three months

Cyprus’s switch to the new DVB-T2 terrestrial digital television system ran into widespread problems from the first day of July, leaving households without a signal and prompting about 400 complaints over equipment, installation costs and technical failures.

Jul

10th

2026

05:50

Cyprus gives viewers three more months on old TV platform after transition issues

The Department of Electronic Communications is reactivating the previous digital terrestrial television platform, Velister, from today, running it in parallel with the new platform for a further three-month period, the department announced. The move follows a wave of problems reported by households since the full switch to the new DVB-T2 standard, which replaced the older DVB-T system used by Velister.

Jul

2nd

2026

10:45

Operational Challenges, B2B Tag

Digital TV switchover triggers surge of complaints across Cyprus

Cyprus households have faced a wave of problems since the switch from the old DVB-T broadcasting standard to the newer DVB-T2. Many consumers completed the necessary settings or installed decoders but still couldn’t tune into the new frequencies.

Jun

30th

2026

07:31

Events, B2B Tag

EU Space Days 2026: Hellas Sat Powers the Official GOVSATCOM Demonstration - Satellite Communication & Connectivity Solutions

EU Space Days 2026: Hellas Sat Powers the Official GOVSATCOM Demonstration Secure Satellite Connectivity for Crisis Response At EU Space Days 2026 in Nicosia, Hellas Sat participated in the official GOVSATCOM demonstration, showcasing how secure satellite communications can support emergency response operations when terrestrial networks are unavailable or degraded.

Jun

30th

2026

07:09

New Offerings, Partnerships and Alliances, B2B Tag

First Deployment in Greece - Satellite Communication & Connectivity Solutions

Emergency Response Vehicle for Civil Protection: Hellas Sat Supports Vari Voula Vouliagmeni Municipality The Municipality of Vari Voula Vouliagmeni has become the first municipality in Greece to deploy Hellas Sat satellite communications as part of its civil protection strategy.

Jun

30th

2026

06:37

Events, B2B Tag

Hellas Sat at InterAigis 2026 - Satellite Communication & Connectivity Solutions

Hellas Sat Showcases a Satellite-Enabled Emergency Response Vehicle for Civil Protection at InterAigis 2026 Hellas Sat showcased its new Emergency Response Vehicle (ERV) at InterAigis 2026, introducing an integrated satellite-enabled solution designed to ensure uninterrupted operational communications during emergencies and crisis situations.

Mar

26th

2026

06:19

Sparkle & Hellas Sat Quantum-Safe Satellite Communications PoC in Greece - Satellite Communication & Connectivity Solutions

Sparkle and Hellas Sat Deploy Quantum-Safe Security Between Data Centers in Greece Sparkle and Hellas Sat have successfully completed a Proof of Concept (PoC). It demonstrates quantum-safe satellite and terrestrial communications between their data centers in Greece.

Mar

26th

2026

05:11

Emerging Tech, B2B Tag

EU GOVSATCOM: Cyprus Deploys Secure Satellite Communications with Hellas Sat - Satellite Communication & Connectivity Solutions

Cyprus Completes First Operational Use of EU GOVSATCOM Services Cyprus has successfully completed the first operational use of EU GOVSATCOM secure satellite communications services, marking a major milestone in European connectivity. Hellas Sat contributed to this achievement by providing reliable governmental satellite capacity.

Mar

3rd

2026

06:58

Partnerships and Alliances, B2B Tag

Hellas Sat Signs European Optical Satellite Communications Agreement for Secure Connectivity - Satellite Communication & Connectivity Solutions

France, Cyprus and Greece Partner to Develop Next-Generation Satellite Optical Communications Technologies Hellas Sat, CNES, Thales Alenia Space and Safran sign a framework cooperation agreement to develop a pioneering optical communications system for the future

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