Updated:
Satlink
Faustino Velasco's Satlink builds tuna-fisheries tech from Madrid, connecting over 4,000 vessels to regulators and supply chains.
Satlink
Satlink was established in 1992 by President Faustino Velasco, who initially applied satellite communications to improve connectivity for distant-water fishing fleets. Over three decades the firm shifted its focus from pure communications hardware toward a vertically integrated maritime-technology platform, combining real-time vessel monitoring, catch documentation, and oceanographic analytics for commercial fleets, governments, and regional fisheries-management organizations. The company operates across three principal asset classes: proprietary satellite-linked hardware installed on vessels, a cloud-based data-management platform for electronic catch reporting and traceability, and advisory services that support scientific observers and regulatory compliance. Its hardware-and-software ecosystem targets the pelagic tuna sector in particular, with confirmed installations on purse-seine and longline vessels. Satlink's device — a ruggedized satellite transceiver combined with an onboard electronic logbook — transmits position, catch composition, and transshipment data to port authorities and Regional Fisheries Management Organizations such as the Indian Ocean Tuna Commission and the International Commission for the Conservation of Atlantic Tunas. The firm designs, manufactures, and services its own hardware from its Madrid headquarters, deploying technicians across multiple continents to install and maintain equipment in often remote ports from the Seychelles to Ecuador. Satlink does not publicly disclose revenue or total fleet coverage, but in 2023 it partnered with the Spanish government and the United Nations Food and Agriculture Organization on a project to install electronic-monitoring systems across Ecuador's tuna fleet — a deployment that moved it deeper into the Pacific's regulatory infrastructure. The company has also supplied technology to the General Fisheries Commission for the Mediterranean and has contributed vessel-data streams to Global Fishing Watch, the transparency platform backed by Oceana, SkyTruth, and Google. Its team operates primarily out of Madrid, with field-service personnel stationed in port locations that support purse-seine fleets in the Atlantic and Indian Oceans. Unlike generic maritime-IT consultancies, Satlink occupies a narrow niche in which it acts as both an approved technology vendor for tuna regional fisheries-management bodies and a direct supplier to the industrial fishing companies that those bodies regulate. Satlink's structural differentiator is not its hardware but the regulatory entanglement of its platform. Because its devices are certified for compliance with multiple tuna treaties, the firm functions as a de facto infrastructure layer between commercial operators and multilateral fishery authorities — a position closer to a utility than to a conventional maritime-tech vendor. This architecture creates both a durable revenue stream and an unusual governance footprint, since Satlink's data standards and reporting protocols effectively define how catch data reaches treaty bodies.
General information
Firm type
Asset Manager
Year founded
1992
AUM
Undisclosed
Location
Region
Europe
Country
Spain
City
Madrid
Corporate office
Madrid, Spain
Principals
Faustino Velasco
President
Sector focus
Frequently asked questions
Is Satlink a family office?
No. While sometimes miscategorized in databases, Satlink operates as an operating technology company and asset-light service provider for the commercial fishing industry and multilateral fisheries regulators. It generates revenue from hardware sales, service contracts, and data fees rather than managing a family's invested wealth.
What does Satlink actually manufacture?
Satlink designs and builds satellite-linked transceiver units that vessels install on deck or in the wheelhouse, paired with an onboard touchscreen for electronic catch reporting. The hardware integrates GPS positioning, two-way data transmission, and a digital-logbook interface that can be locked to prevent tampering — a requirement for regulatory-grade monitoring under several tuna treaty frameworks.
Who are Satlink's customers?
The firm sells to three types of buyers: commercial tuna-fleet operators who need compliant vessel-monitoring and catch-documentation systems; Regional Fisheries Management Organizations that mandate specific equipment types for licensed vessels in their convention areas; and government agencies funding fishery-development and transparency projects, such as Spain's Ministry of Agriculture or the FAO.
How does Satlink's technology relate to sustainability?
Satlink's platform creates the data trail that makes sustainable-fisheries claims auditable. By transmitting catch composition, location, and transshipment events in near-real time to regulators, the system reduces the information asymmetry that enables illegal, unreported, and unregulated fishing. The firm has also contributed vessel-position data to Global Fishing Watch for independent monitoring.
Does Satlink disclose financials or ownership structure?
No. Satlink remains a private company headquartered in Madrid and does not publicly report revenue, assets under management, or ownership details. Faustino Velasco has led the firm since its founding in 1992, but no venture-capital rounds, secondary transactions, or institutional-investor disclosures have surfaced in the Spanish commercial registry or English-language press.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: