Kinéis, the Toulouse-based satellite operator for IoT, is accelerating its international expansion and targeting profitability as early as 2026, with expected revenue of €18 million. The company says its growth is being driven by rising demand for satellite IoT and AIS services, and it aims to reach 50,000 connected objects by the end of this year.
As part of this next phase, Kinéis has appointed Thomas Hiriart as managing director. The company is positioning itself for faster commercial development just over a year after launching its commercial activity, with profitability now presented as a near-term objective rather than a distant goal.