Indra’s HispaSat named prime contractor for IRIS2 ground segment worth over EUR 1.6 billion

Reuters2026/08/07 10:36

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Indra Sistemas’ HispaSat unit was named prime contractor for the IRIS2 constellation’s ground segment, budgeted at more than EUR 1.6 billion.
The mandate covers antenna infrastructure, control systems, ground network connectivity, and multi-site facilities for secure operations.
IRIS2 is a European Commission-ESA public-private program targeting more than EUR 15.6 billion of planned investment, with first launches slated for 2029.
HispaSat will also lead development of IRIS2’s Low LEO layer, designed for direct-to-device connectivity and IoT services.
HispaSat committed up to EUR 600 million to secure exploitation rights in non-geostationary orbits in regions of strategic interest.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Indra Sistemas SA published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Indra’s HispaSat named prime contractor for IRIS2 ground segment worth over EUR 1.6 billion

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