Analysis of investment in Telecommunications Satellites. TTI buys Callisto Space.

, , , , , , ,
Integral service around a transaction
BY : Diego GutiérrezMarch Fri, 2018

We present the largest investment rounds in recent years involving companies dedicated to the design of telecommunications satellites. We also analyse the purchase of Callisto Space by the Spanish company TTI.

About TTI

TTI (Telecommunications and Information Technologies) is a Spanish SME specialised in the development of cutting-edge technological solutions in the Telecommunications, Aerospace, Defence, Security and Science industrial sectors.

Founded in 1996, it has an expanding team of more than 100 professionals, combining experienced technicians from ESA (European Space Agency) and various foreign research institutes, with an important group of engineers coming mainly from the University of Cantabria, as well as several highly qualified external consultants.

TTI works in the field of radio frequency and antenna technologies, developing advanced products (detailed design, prototypes of components and equipment, testing and validation), their subsequent mass production, and the integration of communications systems, providing turnkey solutions. Its main clients include many of the major national and international technology corporations.

About Callisto Space

Callisto Space is a French company dedicated to the design and development of cryogenic receivers and ultra-low noise amplifiers for ground station applications.

It is based in Villefranche de Lauragais, near Toulouse, France, where the company has laboratories equipped with radio frequency instruments and cryogenic test facilities. Callisto also has engineers working in Germany, Italy and the UK.

Callisto, which is part of the European Space Agency (ESA)provides consulting, engineering, equipment design and system integration services in the field of satellite communications, and is a key supplier of receivers for deep space stations.

Since 1993, Callisto has worked for a wide range of major organisations in the space sector and has established extensive partnerships with world-leading RF and cryogenic research institutions. Its client portfolio includes companies such as Eumetsat, Airbus Defence and Space, the Indian Space Research Agency (ISRO), Vertex and Zodiac, among others.

TTI buys Callisto Space

The Cantabrian company TTI (Tecnologías de Telecomunicaciones e Información) has acquired, through its technology investment group CelestiaThe French technology company Callisto, dedicated to the design and development of cryogenic receivers and ultra-low noise amplifiers for ground station applications.

With the addition of the French company, the TTI group would reach an annual turnover of €25M and a workforce of some 240 engineers.

According to José Alonso, president of TTI, with the deal "the Celestia Group achieves a world leading position in the supply of cryogenic and radio frequency components and systems for ground stations and radio telescopes".

Analysis of investment in Telecommunications Satellites

Net Financial Debt844,1732,2
The M&A Professionals

Meet our services



Do you want to be up to date?


Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?