Spain's Indra Space, now owner of Hispasat and Hisdesat, positions itself to be Tier-1 European space company
January 2, 2026
- Indra acquired Hispasat and Hisdesat for 725 million euros, aiming for 1 billion euros revenue by 2030.
- Hispasat participates in the 11-billion-euro Iris2 multi-orbit secure communications network, focusing on low-LEO technology.
- Startical project plans a 288-satellite constellation for air traffic management, with two demonstration satellites launched in 2025.











