Odense, Denmark, 27th November 2025 – Quadsat has been announced as the winner of the TECH Award at EY Entrepreneur Of The Year 2025, held at the Bella Center on November 27, 2025.
This year marks the third edition of the TECH Award, which honors companies that have demonstrated exceptional performance and innovation in their fields.
The award in 2025 is specifically focused on organizations showcasing strong innovation capabilities and potential for international expansion in defense-related technology and Quadsat’s solutions are becoming increasingly important in the rapidly changing global defense market.
Jury Statement
The expert jury highlighted Quadsat’s exceptional ability to combine innovation with strategic growth.
“In their assessment, the jury describes Quadsat as an outstanding entrepreneurial story that clearly demonstrates what happens when innovation is combined with a healthy and ambitious growth strategy. They also emphasize that Quadsat has a long innovation journey ahead and that the company has the trajectory, ambition, and courage to achieve it,” Says Sasja Dalgaard, Associate Partner at EY and responsible for the TECH category in EY Entrepreneur Of The Year.
Quadsat originated from a simple idea in 2017, sparked when one of the two co-founders was working on an offshore platform. Since then, the company has rapidly evolved into an international success story, attracting major investors and customers.
Statement from Co-Founder Joakim Espeland.
“I am incredibly proud that Quadsat has won the TECH Award at EY Entrepreneur Of The Year, and that the jury selected us — it reinforces the strategic relevance of our technology. Quadsat started in SATCOM, but today the technology has evolved into a capability that directly supports electronic warfare, where control of the electromagnetic spectrum is critical. The award is also recognition of the hard work our entire team and all our employees have invested in the company. We could not have achieved these results without our partners and customers. A special thank you goes to our investors, who believed in our journey from the moment the Quadsat story began.”
