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SpainSat NG_2 Likely Total Loss; Indra/Hisdesat Readies Replacement Tender (Insured $400M)

SpainSat NG_2, a large military telecommunications satellite launched in October, now appears to be a total loss following its deployment attempts. The craft is insured for about $400 million, and operator Indra/Hisdesat is preparing a replacement tender to restore the capability.

Discovered 2026-01-16T08:26:02.399342-08:00 | 2026-01-16T08:26:02.399342-08:00

Briefing

What Hype is tracking

  • Removes a large military GEO communications asset launched in October and carries an insured value of roughly $400 million, creating an immediate capability and financial impact.
  • Indra/Hisdesat has begun preparing a formal replacement tender, starting a procurement process that will determine how quickly Spain can restore the lost capability and who supplies the replacement. Indra/Hisdesat
  • The loss highlights the strategic role of geostationary capacity and the importance of launch/insurance timelines amid recent high-capacity GEO deployments. recent GEO capacity launches

Reported By

SpaceWatch Africa SpaceWatch Global Space Intel Report
Sources Tracked
4
First Seen
2026-01-16T08:26:02.399342-08:00
Latest Update
2026-01-22T03:12:04.416491-08:00
Coverage
Space

Sources

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