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Celestia Reports Strong Performance & Growth In 2024

By Eric Van Rees - 25th February 2025 - 05:56

Multi-technology solutions business Celestia has announced a year of exceptional growth and success, achieving a series of major milestones driven by innovative products and a commitment to excellence that leave the pan-European group well placed for future growth and re-investment.

Celestia delivered a robust revenue growth of 7.5% year-on-year in its financial year ending 31 December 2024, driven by strong demand for its technology products, systems and services in its key markets and a diversified product portfolio.

The group significantly improved its margins, with EBITDA rising 40% year-on-year, reflecting operational efficiencies and strategic investments. It also delivered solid cash flow generation as a result of successful product launches and major contract wins.

Celestia’s unstinting focus on engineering excellence coupled with investment in R&D saw the introduction of a number of advanced technology solutions in the period, including Celestia TTI’s unique GaN based SSPAs in DBS band, which provide outstanding solutions to broadcast satcom.

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