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In December 2024, Brussels awarded a 10.6 billion euro contract to the SpaceRISE consortium, led by SES, Eutelsat, and Hispasat, to build an ambitious satellite constellation.
The SpaceRISE consortium is led by SES, Eutelsat, and Hispasat.
SpaceRISE, the consortium comprising Eutelsat, Hispasat and SES, signed an agreement with the European Commission and the European Space Agency to design, deliver and operate the IRIS² infrastructure for a period of 12 years.
The SpaceRISE consortium, led by Eutelsat, Hispasat and SES, will contribute 4,100,000,000 EUR to IRIS².
SoFast's initial content offer to Hispasat comprises 24 FAST channels.
Hispasat launched the Wave OTT+ streaming platform in 2023.
The FAST channels provided by SoFast will be offered to Hispasat customers who seek to launch ad-supported services in addition to their current offering.
SoFast will provide Hispasat with FAST content as part of the partnership.
Satellite fleet operators SES, Eutelsat, and Hispasat are leading the SpaceRISE consortium and are responsible for providing private industry funds for IRIS² alongside funding from the European Space Agency and European Union member states.
Hispasat is participating in the IRIS² project as part of the SpaceRISE consortium to provide a sovereign secure communications system supported by European developments and a public-private partnership model.
Hispasat and Infinite Orbits will collaborate to analyze a life extension mission using Endurance, Infinite Orbits’ GEO satellite life extension service solution.
The first-stage booster supporting the Cape Canaveral mission previously launched SES-22, ispace’s HAKUTO-R Mission 1, Hispasat Amazonas Nexus, CRS-27, and multiple Starlink missions.
The first stage booster supporting the SLC-40 mission has its 12th flight and previously launched SES-22, ispace’s HAKUTO-R Mission 1, Hispasat Amazonas Nexus, CRS-27, and seven Starlink missions.
The first stage booster supporting the SLC-40 mission is making its 12th flight and previously launched SES-22, ispace’s HAKUTO-R Mission 1, Hispasat Amazonas Nexus, CRS-27, and seven Starlink missions.
Red Electra holds an 89.7% stake in Hispasat, which it acquired for €949 million in 2019.
Hispasat is majority-owned by Spanish power company Red Eléctrica, which acquired an 89.7% stake for 949,000,000 EUR from a private equity firm in 2019.
Hispasat operates eight satellites in a geostationary fleet that provides broadband and broadcast services over Europe and the Americas.
Indra is looking to sell 800,000,000 EUR worth of technology assets to help fund a potential purchase of a stake in Hispasat.
In 2021 the U.S. Export-Import Bank financed the SpaceX launch of a Hispasat communications satellite valued at $80,700,000.
The installed antennas in Greenland are aligned with a new satellite recently launched by SpaceX and operated by Hispasat.