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Plan-S

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Providing end to end satellite solutions for global connectivity

Çankaya, TürkiyeFounded 2021Telecom
Valuation $250–500M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Plan-S

Established in July 2021, Plan-S is a private Turkish company operating in the "New Space" sector, focusing on the end-to-end development of satellite technologies. The company was founded by Chairman Sami Aslanhan and CEO Tugay Güzel. Plan-S has demonstrated notable efficiency by designing, manufacturing, and testing its initial satellites, Connecta T1.1 and Connecta T1.2, in just eight and five months, respectively. The company's first test satellite, Connecta T1.1, was launched in May 2022 aboard a SpaceX Falcon 9 rocket, marking a significant milestone. Another key achievement was the launch of Connecta T2.1, which sent its first Earth observation image back in May 2023.

Plan-S operates a vertically integrated business model, controlling the entire satellite lifecycle from mission conception and in-house design to manufacturing, operational execution, and ground station management. The company has three ground stations in Turkey—two in Ankara and one in Erzurum—to manage its satellite constellation and ensure reliable data communication. Its revenue is generated through providing comprehensive space-based solutions to various industries. The business is structured around two primary missions: Internet of Things (IoT) connectivity and Earth Observation (EO). These services cater to sectors such as energy, agriculture, logistics, transportation, maritime, disaster management, and urban planning.

The company's core offerings are delivered through its satellite constellations. The Connecta IoT System utilizes a constellation of nano-satellites in Low Earth Orbit (LEO) to provide global, low-power connectivity for IoT devices. This service enables functions like global asset monitoring, data analysis for improving agricultural yields, and enhancing transport security. In parallel, Plan-S is developing its Earth Observation capabilities, providing high-resolution satellite imagery and data analytics. A key service line is "Space as a Solution," which packages satellite design, manufacturing, ground station installation, and tailored software interfaces to meet specific customer requirements, effectively lowering the barrier to entry for utilizing space technology. The company plans a rapid expansion of its satellite network, aiming for over 200 satellites to support its IoT and EO services in the near future.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Çankaya, Türkiye
Employees
57
Open positions
None listed
Dealroom signal
58.1/100
Industry
Telecom
Sector
Telecom, Space Tech, Space Tech for Aviation, Space Tech for Maritime, Space Downstream
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Aug 2024 $40M $400M Undisclosed ↗
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Growth signals

Plan-S website traffic

Latest recorded traffic for Plan-S is 4K monthly website visits, down 16.7% over the last three months. Plan-S's team declined 53.3% over the past year.

Latest monthly visits4K 3-month web change-16.7% 1-year team growth-53.3%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇹🇷 Turkey85.2%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Plan-S on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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