The award recognizes the company's track record in developing technologies that advance ocean understanding and contribute to safer, more sustainable maritime operations.
Satlink has received the 2026 Forbes-UBS Award for Innovation at the fifth edition of the Forbes-UBS Sustainability Awards, held yesterday at the Mandarin Oriental Ritz in Madrid. Other companies recognized at the ceremony included Barceló Hotel Group, Air Nostrum, and Damm, which received awards in different categories related to sustainability and responsible business practices.
The award recognizes Satlink's more than 30 years of developing technologies that help improve our understanding of the oceans, support sustainable marine resource management, and improve safety and working conditions for people working at sea.
Originally focused on satellite communications, Satlink has since expanded its activities into ocean observation and monitoring, as well as technologies supporting sustainable fisheries management. Its solutions collect marine data and make it available to governments, research institutions, organizations, and businesses to support data-driven, science-based decision-making.
Technology to Better Understand the Oceans
During the ceremony, Satlink CEO Faustino Velasco accepted the award and emphasized that much remains unknown about the oceans and that reliable data is essential to improving their protection and management.
“We develop technologies to understand the oceans, and to do that, we need to observe, listen, and learn. But if we talk about protecting the oceans, we must also talk about caring for the people who work at sea. And I'm proud to know that our technologies help them stay safer, better connected, and work in better conditions,” Velasco said.
He closed his remarks by noting that, despite technological advances, our knowledge of the oceans remains limited.
“There's still so much to discover about the oceans. And we want to keep doing our part,” he concluded.
