Hispasat, a Spanish satellite operator owned by Indra Sistemas, is a key player in the space communications industry. It provides a range of services, including broadcasting, broadband, and data transmission, primarily serving Europe and the Americas. Hispasat also engages in innovative projects like quantum key distribution and collaborates with partners such as Thales Alenia Space, ESA, and various telecommunications companies to expand connectivity and bridge the digital divide.
All verified mentions of this organization in source documents.
Indra designated Miguel Ángel Panduro as director general of Indra Space at the end of December following the formal closing of its acquisition of 89.68% of Hispasat's share capital.
Indra's board approved Miguel Ángel Panduro's entry into the group's management committee while he was serving as chief executive officer of Hispasat.
Miguel Ángel Panduro joined Hispasat in 1990 and contributed to the company's business expansion and internationalization.
The SpaceRISE consortium, led by SES, Eutelsat, and Hispasat, entered a 12-year, €10.6 billion concession agreement with the European Commission in December 2024.
In December 2024, the European Commission awarded a €10.600 billion contract to the SpaceRISE consortium, led by SES, Eutelsat, and Hispasat, to build the IRIS² satellite constellation.
The SpaceRISE consortium includes SES, Eutelsat, Hispasat, and eight supporting companies including Thales Alenia Space, OHB, and Airbus Defence and Space.
The SpaceRISE consortium comprises European satellite operators Eutelsat, SES, and Hispasat.
On January 5, 2026, the SpaceRISE consortium, comprising Eutelsat, SES, and Hispasat, advanced Europe’s IRIS² program into its procurement phase.
Hispasat stated that the propulsion or control systems of Spainsat NG-II may have been compromised during the transfer phase.
Technical teams from Hispasat and the manufacturing consortium are analyzing telemetry data to determine the recovery status of Spainsat NG-II.
Hispasat, the operator of Spainsat NG-II and a subsidiary of Indra, has activated emergency contingency protocols.
Indra Group recently completed its acquisition of a majority stake in Hispasat.
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.
Ana María Molina served as corporate general director of Hispasat prior to becoming CEO of Hisdesat.
Miguel Ángel Panduro served as CEO of Hispasat prior to his appointment as director of Indra Space.
The SpaceRISE consortium, led by SES, Eutelsat, and Hispasat, transitioned the European Union’s IRIS² program into its active industrial procurement phase on December 28, 2025.
The SpaceRISE consortium, comprised of SES, Eutelsat, and Hispasat, confirmed that the IRIS² program has moved into the active procurement phase as of December 25, 2025.
Indra already held a 50% share in Hispasat before this acquisition.
Indra is acquiring Redeia's shares in Hispasat through its Indra Space division.