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Last updated : 15/09/2026 - 17h13
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Thales Alenia Space, Airbus, and RADMOR Join Forces for a Defense Satellite for Poland

The three companies signed an industrial cooperation agreement on Monday, April 20, 2026, to develop a geostationary defense telecommunications satellite for the Polish Ministry of Defense. The signing ceremony took place in Gdansk in the presence of the Polish Minister of Defense and the French Minister of the Armed Forces.


Thales Alenia Space, Airbus, and RADMOR Join Forces for a Defense Satellite for Poland

Project Overview

The agreement involves the development of a geostationary defense telecommunications satellite dedicated to the Polish Ministry of Defense. This system will provide secure communications for the Polish armed forces, ensuring a high level of robustness and resilience. The project is part of the 'Readiness 2030' plan initiated by the European Commission in 2025. The satellite will be cyber-secured in both its terrestrial and space segments, contributing to the enhancement of Poland's national space sovereignty.

Collaborative Industrial Efforts

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Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), is leading the industrial cooperation. Airbus Defence and Space brings its expertise in the efficient design and industrialization of satellite platforms. RADMOR, a subsidiary of the WB GROUP, provides secure ground infrastructure and cybersecurity components, leveraging its expertise in military-grade communication systems and integration into the Polish defense ecosystem.

Integration of Expertise and Technologies

The project combines expertise in military communication payloads, mission control, satellite platform design and industrialization, as well as secure ground infrastructures and cybersecurity. The system will integrate anti-jamming technologies and offer an end-to-end cyber-secured solution resistant to threats.



Sector Aéronautique et Défense Défense


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 10 949 millions d'euros
  • Quarterly revenue: 10 949 millions d'euros
  • Revenue growth: 6,7 %
  • EBITDA: 1 150 millions d'euros
  • Net income: 485 millions d'euros
  • Free cash flow: 1 865 millions d'euros
  • 519,2 millions d'euros
Risks mentioned
  • Résiliation du programme F126 par l'Allemagne : charge exceptionnelle de 450 M€, impact de 331 M€ sur le résultat net
  • Annulation d'une commande de deux satellites géostationnaires, impact d'environ -150 M€ sur les ventes Spatial
  • Marge Cyber & Digital en baisse à 10,9 % contre 14,4 %, notamment dans les Paiements et l'Identité/Biométrie
Opportunities identified
  • 18 grandes commandes de plus de 100 M€ pour 4 850 M€, dont 11 au deuxième trimestre
  • Carnet de commandes Défense de 41,1 milliards d'euros, soit environ 3,2 années de chiffre d'affaires
  • Très forte progression au Proche et Moyen-Orient (+202 % en organique en prises de commandes)
Outlook / guidance
  • Expected revenue: 23 600 millions d'euros
  • Management commentary: Organic sales growth expected between +6% and +7%, corresponding to sales of €23.3 to €23.6 billion; Adjusted EBIT margin expected between 12.6% and 12.8%

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.

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