Indra to create integrated European satellite player with Hispasat buy
Spanish defence and IT group firms up plans for €725m purchase of Hispasat, with plans to form “most integrated” SatCo in Europe. Indra’s Executive Chairman Angel Escribano says deal is “key” to reaching target of at least €1bn total space sector revenue by 2030…
This article includes:
- Organisations: Airbus; Altice; América Móvil; Elecnor; Globe Telecom; Hisdesat; Hispasat; Indra; Indra Space; Minsait; Orange; Redeia; Sociedad Estatal de Participaciones Industriales (SEPI); Telefónica; Telefónica Tech; Telecom Italia (TIM); Vodafone.
- Geographies: Africa; Americas; Europe; Latin America; Spain.
- People: José María Álvarez-Pallete; Angel Escribano; José Vicente de los Mozos; Marc Murtra.
- Themes: Air traffic management; Defence; Earth observation; Financial services; Geostationary orbit satellites (GEO); Ground infrastructure; IT; Low-Earth orbit satellites (LEO); Medium-Earth orbit satellites (MEO); Mergers and acquisitions (M&A); National security; Navigation; Networks; Non-terrestrial networks (NTN); Satellite; Space; Surveillance.
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