LA PLATA, Maryland — Indra Group of Spain has closed its acquisition of Spanish commercial satellite fleet operator Hispasat and military satellite operator Hisdesat, setting the stage for what Indra sees as a multi-year growth path for enlarged Indra Space.
Indra Group notified Spain’s stock market regulator on Dec. 30 that the transaction, announced Jan. 31, 2025, had been concluded “with the objective of consolidating Indra Group as the reference player in the satellite industry in Spain, pursuing a vertically integrated strategy and a strong commitment to defense through the consolidation of . . .
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