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Hispasat Wins Lead Role in EU's €15.6 Billion IRIS2 Satellite Network

Aug 7 : Spanish defence company Indra said on Friday its majority-owned satellite operator Hispasat was named prime contractor for antennas, control systems and ground links in the European Union's IRIS2 secure satellite network, with a budget of over €1.6 billion ($1.74 billion).The operator, 89.68 per cen

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Lean Right

Hispasat, the satellite operator of which is majority shareholder Indra, with 89.68%, has been designated as the main contractor for the antennas, control systems and terrestrial links of the secure satellite network IRIS2 of the European Union, with a budget of more than 1.6 billion euros. The total investment planned exceeds 15.6 billion euros and, according to the agreed timetable, the first launches will take place in 2029. IRIS2 is the Euro…

·Madrid, Spain
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Lean Right

It becomes the first Spanish company to lead a large European space program. IRIS2, the new satellite constellation of the European Union, is the largest and most complex spatial project of the block to date

·Madrid, Spain
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Lean Left

This will be the first Spanish company to participate in the control consortium of a large European space project

·Barcelona, Spain
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europapress.es broke the news in Spain on Friday, August 7, 2026.
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