Article

Spain is increasing control over its space and defense supply chain with Indra's acquisition of an 89.68% stake in satellite operator Hispasat. This acquisition allows Indra to reorganize the space sector, appointing a director for Indra Space and new CEOs for both Hispasat and Hisdesat, enhancing alignment between civilian and defense operations. Additionally, state-backed financier COFIDES is funding a 25% expansion at Amper's Elinsa unit, further supporting the development of Spain's space capabilities.