Indra acquisition of Hispasat and Hisdesat boosts Q1 results; Europe’s Iris2 confirmed, Startical air-traffic constellation stil
Indra Group said its acquisition of satellite fleet operator Hispasat and military satellite services provider Hisdesat has materially increased the scale and profitability of its space business, setting up an expanded space portfolio. Indra also indicated Europe’s Iris2 program is “real,” while the Startical air-traffic constellation’s path remains uncertain.