SpiderOak protects national security, civil, and commercial space data using zero-trust technology.

SpiderOak

Eutelsat Communications S.A. engages in the operation of telecommunication satellites for the digital communications markets. It provides video services, such as broadcast DTH, distribution, HD and ultra HD channels, and occasional use services; connectivity services; and Internet of Things and low earth orbit solutions. The company offers its services under the Eutelsat brand directly and through distributors. As of June 30, 2021, it operated 38 satellites in geostationary orbit. The company serves broadcasters, companies, telecom operators, individuals, and government agencies in France, Italy, the United Kingdom, rest of Europe, the Americas, the Middle East, Africa, Asia, and internationally. The company was founded in 1977 and is headquartered in Issy-les-Moulineaux, France.

Eutelsat Communications S.A.

Zellic specializes in securing emerging technologies. Developers, founders, and investors trust Zellic's security assessments to ship quickly, confidently, and without critical vulnerabilities. Zellic has a background in real-world offensive security research.

Zellic

CrossClave

Software for Mission Critical Collaboration

SpiderOak enables teams to complete their mission without having to make compromises.  Engineered to address the compliance, security and usability needs of today’s environments, SpiderOak’s products remove the roadblocks that can impair mission success.
 
SpiderOak Share
Multi-user file sharing for enhanced collaboration and unparalleled security.  Share is a security first, no back door alternative to existing SaaS based file sharing tools. 
 
Built for Compliance
- End-to-End encryption and cryptographic compartmentalization
 
Built for Security 
- No back doors or single points of failure
 
Built for Teams
- Invisible security means frictionless collaboration within and between teams
 
Why SpiderOak
Greater mission tempo at a lower cost.  Mission partners, vendors, customers, allies, and other agencies can be collaborated with quickly and easily via cloud or on-premise deployments. 
 
Experience. The Department of Defense, US Government agencies and major corporations have depended on SpiderOak for their data security needs for over a decade.

OCA Ventures

DRW Venture Capital

BW Capital Partners

KCRise Fund

Madison Dearborn Partners

Heyford Group

Method Capital

Accenture Ventures

RTX Ventures

Stellar Ventures

Safe travels to everyone headed for Logan Utah and the 38th Annual Small Satellite Conference this week. If you are in the Taggart Student Center make sure you stop by booth #64 to meet our new Chief Revenue Officer Kip Gering, VP of Solutions Matthew Erickson, and our brilliant Solutions Engineer Daniel Kline (recently recognized as a 2024 Rising Star by Via Satellite) and learn how SpiderOak Mission Systems is bringing zero-trust security to zero-gravity environments. Learn more at www.spideroak.com #zerotrust #spacecyber

Via Satellite recognizes SpiderOak Mission Systems Solutions Engineer Daniel Kline as a Rising Star of 2024! Via Satellite highlights a cohort of 25 young professionals, age 35 and under, nominated by their colleagues that are quickly making their mark. Congratulations Dan!!!! Check it out at: https://lnkd.in/ePdGrjYs #zerotrust #spacecyber

A very relevant article by SpiderOak Mission Systems Executive Chairman Charles Beames in Forbes this week titled: “Why Kennan’s Containment Strategy Ensures Defeat in the 2nd Space Race.”  In it Charles argues that Kennan’s strategy to contain the USSR was brilliant when national security was largely measured by lines on a map, whereas today power no longer exists solely in the physical realm, in fact most of it exists in the digital world, in e-commerce, networks, apps, and contracts stored in the cloud and that basing our security in space on Kennan’s approach is not just inadequate, it’s dangerous because it creates the illusion of security without ensuring it. Check it out at: https://lnkd.in/d6BVCn-J #satellitecommunications #spacecyber #zerotrust

Looking forward to seeing everyone in Logan Utah next week for the 38th Annual Small Satellite Conference. If you are in the Taggart Student Center make sure you stop by booth #64 to meet our new Chief Revenue Officer Kip Gering, VP of Solutions Matthew Erickson, and our brilliant Solutions Engineer Daniel Kline (recently recognized as a 2024 Rising Star by Via Satellite) and learn how SpiderOak Mission Systems is bringing zero-trust security to zero-gravity environments. Learn more at www.spideroak.com

A big thanks to Tom Lounibos, (President (GMD) of Accenture Ventures) for calling out SpiderOak Mission Systems and Axiom Space, (both Accenture Project Spotlight Portfolio companies) for the successful demonstration of the next generation OrbitSecure CyberSecurity platform re-written in the memory safe “Rust” programming language on the International Space Station (ISS). Learn more at: https://lnkd.in/eKg-Gihm #spacecyber #zerotrust #satellitecommunications

SpiderOak, the leader in zero-trust space cybersecurity solutions, working through Axiom Space, the leading provider of commercial human spaceflight services is pleased to announce the successful demonstration of our next generation OrbitSecure software module re-written in the memory safe programming language Rust on the International Space Station (ISS). SpiderOak executed validation testing on July 1, proving efficacy and formally verifying Rust enabled data security capabilities in orbit while demonstrating the key modern cybersecurity requirements called for by Office of the National Cyber Director, The White House in a report published last February. Learn more at: https://lnkd.in/eKg-Gihm #spacecyber #zerotrust

Metric
Company Name	SpiderOak	Eutelsat Communications S.A.	Zellic
Symbol		ETL
MSH ID	COM:SPIDEROAK	COM:EUTELSAT	IO:ZELLIC
Market	PRIVATE	STOCKS	PRIVATE
Sector	Technology	Technology	Technology
Industry	Cybersecurity	Communication Equipment	Cybersecurity
Country	US	FR	US
Stage
Employee Count	36	1.07K
Website	spideroak.com	eutelsat.com	zellic.io
LinkedIn	spideroak		zellic
Founders

Metric
Market Cap		2.11B
Enterprise Value
Monthly Web Traffic	7.02K	86.28K
Web Traffic Growth	-0.80	-0.18
Valuation
Raised Capital

Metric
Revenue		1.28B
Revenue (LTM)
Revenue (NTM)
Gross Profit		17.74M
EBITDA		759.32M
Operating Income		17.74M
Net Income		-327.33M
EPS		-0.69
Diluted EPS		-0.69
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin		0.40
Operating Profit Margin		0.21
EBITDA Margin		0.59
Net Profit Margin		0.06
Return on Equity		0.02
Return on Assets		0.01
Return on Capital Employed		0.03

SPID

COM:SPIDEROAK

SpiderOak

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio		2.18
P/B Ratio		0.31
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio		2.08
EV Multiple		-0.34

Metric
Days Sales Outstanding		84.18
Days Payables Outstanding		345.42
Days Inventory Outstanding		53.36
Operating Cycle		137.89
Cash Conversion Cycle		69.01
Asset Turnover		0.14

Metric
Operating Cash Flow		534.03M
Free Cash Flow		44.78M
Cash Flow to Debt		0.21
Operating Cash Flow/Sales		0.54
Free Cash Flow Yield		0.39

Metric
Cash & Equivalents		884.49M
Accounts Receivable		-66.54M
Inventory		41.62M
Goodwill		1.38B
Debt to Capitalization		0.44
Debt to Assets		0.44
Current Ratio		1.66
Quick Ratio		1.69

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue		-0.00
R&D to Revenue
SG&A to Revenue		0.09