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Greece Eyes Space Manufacturing with ICEYE Satellite Plant Investment

Greece Eyes Space Manufacturing with ICEYE Satellite Plant Investment

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The Greek state is seeking to establish itself as a producer of space technology rather than simply a user of satellite data, with plans for the country’s largest-ever satellite manufacturing facility coinciding with the launch of a new national space strategy backed by approximately 350 million euro in funding.

Finnish Earth observation company ICEYE has announced plans to build a satellite production plant in Greece capable of manufacturing up to 150 satellites annually, a move that would create more than 250 highly skilled jobs and make the facility the company’s largest manufacturing hub worldwide if completed as planned.

“We want to establish in Greece a major global hub for manufacturing, research, development and innovation serving the international space industry,” Vassilis Chaloulakos, head of ICEYE Greece, told the state-run AMNA news agency.

The announcement comes as the government unveiled its new HELLAS-SPACE 2.0 strategy under the “Greece in Orbit” initiative, marking the second phase of the country’s national space program.

Prime Minister Kyriakos Mitsotakis said Greece had transformed its space ambitions since 2019, pointing to the

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