Europe / Africa / MEA · East

39°E

Hellas-Sat Consortium Ltd. is the registry operator, with 2 satellites on station and no FCC row.

Occupancy ±0.4°: Hellas-Sat Consortium Ltd. 1/2 · Hellas-Sat Consortium Ltd./INMARSAT 1/2.

On stationUnrecorded in ClarkeOperating (no FCC market-access row)

TLE as of 2026-09-23. FCC SSAL stale (2026-04-30). UCS 2023-04-07. Position disagreement.

Occupancy

On station
2 satellites

±0.4° TLE-primary. Majority Hellas-Sat Consortium Ltd. (1/2).

Space-Track TLE (primary) + UCS Satellite Database (fallback) · Sep 23, 2026
Registry operator
Hellas-Sat Consortium Ltd.
Window majority
Hellas-Sat Consortium Ltd.
Operator mix
Hellas-Sat Consortium Ltd. 1/2 · Hellas-Sat Consortium Ltd./INMARSAT 1/2
Country
Greece
Purpose
Communications
Status
On station
Position source
2 TLE / 0 UCS fallback
Remaining life
Mid-life · ~6.3y remaining (n=2)
Coverage proxy
Middle East / West Asia · GDP 1.15 · pop 1.05

Co-located satellites (2)

SatelliteLaunched
Hellas-Sat 4/SGS-1 (Saudi Geostationary Satellite 1)
TLE occupancy
2019
Hellas-Sat 3/INMARSAT S EAN
TLE occupancy
2017

Rights

License / FCC
foreign operating

No FCC row

FCC SSAL + UCS occupancy · Apr 30, 2026

Recorded rights (FCC)

Recorded public layers only. FCC SSAL when present; otherwise inferred administration/operator. ITU SNS is not ingested. The Unrecorded chip is not a filled filing row.

  1. National administration
    M
    Greece

    Inferred from operator country (Greece); not an ITU notifying administration record.

    UCS operator country · Apr 30, 2026
    inferred
  2. Operator license
    M
    Hellas-Sat Consortium Ltd.

    UCS operator Hellas-Sat Consortium Ltd.. No FCC market-access row at this longitude (expected for many non-US administrations and US government birds).

    UCS Satellite Database · Apr 30, 2026
    inferred

Freshness

TLE epoch
2026-09-23

FCC SSAL 2026-04-30 is stale. UCS vintage 2023-04-07.

FCC Approved Space Station List · Apr 30, 2026
Congestion 40 · Moderate · 2 co-located
Clarke congestion v0 ← TLE-primary occupancy longitudes · Sep 23, 2026

Labeled model. Not a live market price.

Implied fair value

Fair value (v0)
$62M

medium · $40M–$84M CI · labeled model

Clarke valuation v0 (model) · Sep 23, 2026

No trade tape. Seeded model-path sparklines are Experimental, not default Terminal.

Arc desirabilityMiddle East / West Asia×1.25
Coverage (GDP/pop)Middle East / West Asia · GDP 1.15 · pop 1.05×1.03
Occupancy2 co-located satellites (TLE-primary ±0.4°)×1.24
Remaining lifeMid-life · ~6.3y remaining (n=2)×1.03
OperatorRegional / other operator×1.05
SpectrumNo band data (UCS-derived)×1.00
ScarcityCongestion score 40×1.20
License / BIUOperating (no FCC market-access row)×1.00
Driver breakdown is Pro

Full driver breakdown, compare, export+, and API sit behind a Terminal seat.

Valuation v0 is a model-based implied fair-value range from public registry data, not a live market price, appraisal, or offer to transact. Methodology · Valuation v0 · Data trust

Nearest comps

Positions outside this slot's ±0.4° occupancy window. Not transaction comps.

SlotΔSatsCong.Fair value
39.9°E0.9°235$99M
37.8°E1.2°135n/c
40.3°E1.3°245$104M
37°E2.0°135n/c
41.5°E2.5°135n/c
36.1°E2.9°248$90M
ExperimentalSeeded v0 model path (not trades)Not default Terminal

This block is quarantined from the default Slot Terminal. It is a labeled stub or simulation, not recorded public occupancy or FCC data, and it is not a market. ITU SNS is not ingested.

Model backfill. Not observed trades, not a price index.

$79M
2026-09-15 · synthesized · model backfill, not trades

Free seats see a 7-day backfill. Pro unlocks 30-day persisted model path.

ExperimentalUnrecorded layers (ITU SNS not ingested; sub-lease stub)Not default Terminal

This block is quarantined from the default Slot Terminal. It is a labeled stub or simulation, not recorded public occupancy or FCC data, and it is not a market. ITU SNS is not ingested.

Quarantined stubs. Not filled panels. ITU SNS is not ingested in this product. These rows reserve the rights-chain shape; they are not live filings or named lessees.

  1. ITU filing
    S
    Not recorded in Clarke

    ITU SNS is not ingested. This flag is not a network name, not brought-into-use evidence, and not a filled filing row. Quarantined stub. A filled ITU network panel would look like a deed; this row is not one.

    Clarke stub (ITU SNS not ingested) · Apr 30, 2026 · ITU filing: not recorded in Clarke
    stub
  2. Sub-lease / capacity lease
    S
    No public sub-lease registry

    Quarantined stub. There is no public feed of transponder or payload sub-leases. This layer is reserved for operator-disclosed or future marketplace filings and is not a named lessee.

    Clarke stub · Apr 30, 2026 · Unknown. Not mocked as a named lessee
    stub
ExperimentalSimulated capacity book (not a market)Not default Terminal

This block is quarantined from the default Slot Terminal. It is a labeled stub or simulation, not recorded public occupancy or FCC data, and it is not a market. ITU SNS is not ingested.

Simulated capacity book

SIMULATED capacity book — not live bids, offers, or trades. Derived from valuation v0 and congestion so the strip can be read; it is not a marketplace.

36 MHz transponder-equivalent · USD (simulated) · spread 10.6% · Sep 23, 2026
Bids
$59M
86 MHz
$57M
58 MHz
$56M
29 MHz
Asks
$65M
69 MHz
$67M
52 MHz
$69M
35 MHz

Provenance · occupancy TLE-primary Sep 23, 2026 · UCS catalog Apr 7, 2023 · FCC SSAL Apr 30, 2026 · valuation v0 Sep 23, 2026 · snapshots seeded 2026-09-15 (model path, not trades)

Default Terminal is occupancy + FCC + freshness + labeled model. ITU SNS is not ingested (Unrecorded in Clarke). Simulated book, ITU/sub-lease stubs, and seeded sparklines are Experimental. Not financial advice.