Early today, Indra He has launched a presentation to investors in which he explains the advantages that will provide the group the integration of Hispasat and Hisdesat in Indra together with Deimothat together will create the revitalized area specialized in satellite and space activities, Indra Space. The company ensures that the new subsidiary will generate synergies between 20 and 30 million euros Already in 2026, which will increase to 50 or 70 million in 2030.
Therefore, Indra expects Hispasat to contribute 400 million euros In income, which translates at 190 million euros of gross exploitation result (EBITDA) and 50 million euros of net results (EBIT). Your CEO, José Vicente de los Mozoshas reiterated after the operation that the Indra space division can reach 1,000 million revenues in 2030.
In the opinion of the Technology and Defense Company, Indra Space «will bring together the civil and military offer, and position Indra as one of the European referents in the Space sector and in the most integrated European company throughout the space value chain «.
«The acquisition (from Hispasat) responds to the objective of Indra Group to ensure the control of communications in space, with increasing importance in both civil and military world. After taking 100% of Deimos in 2024, Indra Group He now adds Hispasat and Hispasat’s capabilities to the development of their Newco Space, which will be called Indra Space »explains the defense and technology firm.
«The ambition of Indra Group is to reach a relevant market share in the Spanish and European space sector. First, it aims to increase its presence in key programs to become a European Tier-1. It is already positioned in important initiatives such as IRIS2, Galileo, Egnos and Copernicus, and has the ambition to expand to future opportunities such as the Space Surveillance, Leo PNT And next -generation land observation programs, ”adds Indra.
The closure of Hispasat’s acquisition is expected for the fourth quarter of 2025, subject to regulatory conditions and the approval by the General Board of Shareholders of Indra“As well as to the execution of the necessary agreements for Indra to consolidate accounting HISDESAT”
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