Indra Group is a global technology and consulting company, and a major player in the space industry. It focuses on the design and manufacture of LEO/MEO satellites and ground stations, and provides satellite communication services for both civil and military applications through its Indra Espacio subsidiary and its controlling interest in Hispasat and Hisdesat. The company collaborates with organizations like the European Space Agency (ESA) and participates in programs like Galileo and Copernicus, aiming to be a leader in the European space sector.
All verified mentions of this organization in source documents.
Indra Group owns 89.68% of Hispasat, which holds a 43% stake in Hisdesat.
Indra Group's acquisition of Hispasat was formally completed in late December 2022.
Indra Company reported that the cause of the anomaly was a 'space particle'.
Indra Group expects a multi-year growth path for an enlarged Indra Space and intends to pursue a vertically integrated strategy with a strong commitment to defense through consolidation of the acquired companies.
Indra Group notified Spain’s stock market regulator on Dec. 30 that the transaction disclosed on Jan. 31, 2025, had been concluded.
Miguel Ángel Panduro served as CEO of Hispasat prior to his appointment as director of Indra Space.
Indra already held a 50% share in Hispasat before this acquisition.
Indra is acquiring Redeia's shares in Hispasat through its Indra Space division.
Indra will control Hisdesat with 50.1% of the shares after acquiring an additional 0.1% from Isdefe.
Indra becomes a company with end-to-end solutions in space, covering both upstream (satellites) and downstream (services) capabilities.
The ASTRAL consortium includes Orbit Fab, KISPE Space Systems, Gate Space Innovation GmbH, Blackswan Space, and Indra Deimos.
Startical is a joint venture formed by Indra and Enaire for global air traffic management from orbit.
Indra has agreements with 73 Spanish universities and 25 research centers.
Haizea Gómez is responsible for the Advanced R&T Laboratory of Applied AI/IT at Indra's Technological Innovation Center.
Indra has agreements with over 430 universities and academic entities.
Consortium partners include KISPE Space Systems, Gate Space Innovation, Blackswan Space, and Indra Deimos, who will help design and develop supporting technologies for the ASTRAL mission.
Cortés Pulido discussed the merger between Indra and Hispasat, stating that the Spanish space industrial sector needs to grow to compete effectively.
The acquisition is subject to the fulfillment of certain regulatory suspensive conditions in Spain and other jurisdictions, as well as the execution of agreements for Indra to consolidate Hisdesat in its accounts, and the approval by Indra's General Shareholders' Meeting.
After acquiring 100% of the pioneering firm Deimos in 2024, Indra is now integrating the capabilities of Hispasat and Hisdesat into its new space company, Indra Space.
Indra previously held 7% of Hisdesat's shares.