Greek and European defense firms sign memorandum for military satellite system

Greek industrial conglomerate METLEN Energy and Metals signed a Memorandum of Understanding on October 12, 2026, with satellite manufacturer Thales Alenia Space and Thales Hellas. SatNews reported that the agreement was executed in Athens to evaluate a future national defense satellite communications system. The initiative aims to provide sovereign and jam-resistant military telecommunications for the Hellenic Armed Forces, according to SatNews. [1]

Under the terms of the agreement, the three companies will establish an industrial framework to assess how their capabilities can support the program, SatNews reported. The partnership was also reported by Sharecast.com, Investing.com UK, and The National Herald. [1][6][7][8]

Thales Alenia Space is a joint venture between the French technology corporation Thales Group, which holds a 67 percent stake, and the Italian defense conglomerate Leonardo, which owns 33 percent. Headquartered in Cannes, France, the satellite manufacturer will supply expertise in secure telecommunications satellites for the project, SatNews reported. [1][10]