A view of Earth from the cupola of the International Space Station. The Greek satellites are planned to enter orbit in 2025, at a distance of 500-600 km from Earth. [Shutterstock]
Greece’s space industry is expanding rapidly, with 60 companies now generating €500 million in 2024 revenue, up from €230 million in 2020, officials said at the 2nd Greek Space Tech Forum.
Athanasios Potsis, president of the Hellenic Industrial Space Association (HASI), emphasized the need to build on two decades of investment and leverage current defense-related opportunities.
“The opportunities are now,” he said, citing Europe’s rearmament and the critical role of space technologies.
A new agreement was signed between EFA Ventures and the Hellenic Navy to boost aerospace collaboration, focusing on cutting-edge technologies for naval operations and transferring space tech into sectors like shipping.