Stif signs first contract with SpaceX, worth around €1 million, for its Vigiflap valves
The French explosion protection specialist has added a space sector customer to its portfolio, while its share price showed a 70% decline over three months as of November 2, following the removal of its products by Tesla in energy storage. The announcement was published on November 2, 2026 at 5:45 p.m.
STIF stated that it had signed, through its Texas-based subsidiary Boss Products, a contract with SpaceX for the supply of Vigiflap explosion non-propagation valves. This equipment will be installed in SpaceX's rocket launch facilities located in Texas and Florida.
According to the press release, they are intended to protect the air conditioning unit against a faulty rocket. The group presents this first contract as the start of "a strategic partnership opportunity" with SpaceX.
An order confirmed after initial test equipment
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According to the company, the contract represents a business volume close to €1 million. It follows the supply of a first "test" unit, whose compliance with the specifications was validated before the first orders were placed in turn.
STIF specifies that the project, developed with its R&D teams and those of SpaceX, was submitted in advance to Elon Musk for approval. The group describes this signing as the culmination of an approach initiated with SpaceX.
Production in France, first deliveries expected by year-end
The equipment is manufactured at STIF's plant in Saint-Georges-sur-Loire, France. First deliveries are scheduled for the end of 2026 and will continue into 2027.
The group, which has nearly 400 employees and five plants across France, Belgium, Asia and the United States, will publish its annual revenue for 2026 on January 26, 2027.
SectorMachines et équipements industriels›Machines / équipements industriels
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 55,3 millions d'euros
Quarterly revenue: 55,3 millions d'euros
EBITDA: 12,6 millions d'euros
EBITDA margin: 22,8 %
Net income: 7,5 millions d'euros
26,3 millions d'euros
Guidance from the release
Cette évolution des ventes et de la rentabilité opérationnelle est principalement liée à un ralentissement des livraisons pour Tesla à compter de la fin du 2ème semestre 2026. / Le Groupe informe que Tesla USA a choisi pour son nouveau modèle de BESS, le MEGAPACK 3, d'autres systèmes de sécurité qui n'incluent pas les produits STIF.
Risks mentioned
Effet de change globalement défavorable à hauteur de -1,5 M€.
Opportunities identified
Intégration des acquisitions de Stuvex et BOSS Products réalisées en 2025.
Demande toujours élevée de la part d'acteurs majeurs du marché du stockage d'énergie par batterie.
Outlook / guidance
Expected revenue: 110 millions d'euros
Expected EBITDA: 18 millions d'euros
Management commentary: STIF vise pour l'ensemble de l'exercice 2026 un chiffre d'affaires autour de 110 M€ et un EBITDA autour de 18 M€, soit une marge d'EBITDA d'environ 18%.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
