Hispasat

Hispasat

http://www.hispasat.com
https://www.linkedin.com/company/hispasat/

Hispasat, a privately owned company headquartered in Spain, with Redeia as its parent company and Hispamar as a subsidiary, was founded in 1989 and operates with approximately 230 employees, reporting $249.8M in revenue as of 2024. The company functions as a telecoms provider and a tier 1 media tech buyer, specializing in the operation of Spanish communications satellites. It focuses on the audiovisual distribution of content, with its satellites providing digital and cable broadcasting services in Spain.

Revenue

Founded

1989

Headcount

433

Headquarters

Spain

Primary Segment

Telecoms

Ownership

Privately Owned

Deployments

1

News Summary:

Hispasat and Portuguese telecommunications company NOS renewed their multi-year agreement for satellite television distribution (DTH) across Portugal and its archipelagos on December 3, 2025, consolidating an alliance of more than 20 years. Previously, on November 27, 2025, the General Extraordinary Shareholders' Meeting of Indra Group approved the acquisition of 89.68% of Hispasat S.A.'s social capital. Earlier, on June 17, 2025, Hispasat and the European Space Agency (ESA) announced an agreement to develop the initial phase of Q-Design, a project combining Quantum Key Distribution (QKD) through geostationary and low orbit satellites and terrestrial infrastructure with a consortium of 15 companies and organizations. This followed the January 22, 2025, announcement that Hispasat incorporated IOTLatam's sensors and analytics into its Tower Insight solution, which allows continuous monitoring of cellular tower status for telco customers in Latin America, Europe, and Africa through a web platform.

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Hispasat offers 6 products in the connectivity and cloud, media and telecoms services, media tech and telecoms tech industries. Hispasat's product portfolio comprises of telecoms network infrastructure, connectivity and distribution services, telecoms and enterprise connectivity services.

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Hispasat's revenues were less than $500M in 2024. Caretta Research has split Hispasat's revenue into 6 different product categories, the largest of which is consumer broadband. For full access to Hispasat's revenue breakdown subscribe to Caretta Portal.

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Jul

23rd

2026

05:30

Management Changes, Financial Results, Emerging Tech, B2B Tag, Management Changes, Mergers and Acquisitions, Financial Performance

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Defence and Space lead growth Order book at an all-time high Improved profitability Indra Group closed the first half of 2026 with a clear acceleration in its activity, driven by the dynamism of the Defence, Space and Air Traffic Management (ATM) sectors, as well as by the incorporation of new companies into the group.

Jul

13th

2026

08:24

New Offerings, B2B Tag, New Offerings

HispaSat inaugurates the project that connects 80 towns in Castilla

This will improve internet coverage with the installation of 209 antennas. The initiative is fully funded by the Provincial Council of Ciudad Real and positions the region at the forefront of Europe in the use of satellite technology as a structural tool to combat depopulation and ensure territorial cohesion.

SpaceWatch Africa

Jan

28th

2026

04:07

Starlink alternative: EU deploys its first satellite network, Ukraine requests access - Bloomberg

The European Union has for the first time launched a part of its own secure satellite communication network as part of a €10.6 billion program aimed at creating an alternative to Starlink and reducing reliance on US support amid growing tensions, Bloomberg reports, writes UNN .

Ukrainian News Agency

Dec

3rd

2025

18:30

Partnerships and Alliances, B2B Tag

Hispasat and NOS sign a multi-year agreement for satellite television distribution

December 4, 2025 Both companies thus consolidate their alliance of more than 20 years for the provision of this service throughout Portugal. Hispasat and NOS, the Portuguese telecommunications company, have renewed their satellite television distribution service (DTH) throughout the national territory, including its archipelagos, with a multi-year agreement.

Nov

27th

2025

18:30

Business Expansion, Partnerships and Alliances, Emerging Tech, B2B Tag

The General Extraordinary Shareholders' Meeting of Indra Group Approves the Acquisition of 89.68% of Hispasat

[Translated] ["The General Extraordinary Shareholders' Meeting of Indra Group, held today in second call at the company's headquarters in Alcobendas, Madrid, has approved the acquisition of 89.68% of Hispasat S.A.'s social capital with the support

Nov

5th

2025

18:30

Hispasat provides 55 satellite access sites to support reconstruction efforts in Jamaica following Hurricane Melissa

A preview of this article is not available. Please click on the headline to read the complete article

Jun

17th

2025

18:30

Procurement and Sales,

Hispasat and ESA agree to develop the first QKD system combining the delivery of quantum keys from GEO and LEO orbits

June 18, 2025 Q-Design is made up of a consortium of 15 companies and organizations that will be responsible for developing this pioneering project and designing services that provide value to the end user. The European Space Agency (ESA) has announced an agreement with Hispasat for the development of the initial phase of Q-Design, the first project worldwide to combine Quantum Key Distribution (QKD) through geostationary and low orbit satellites and terrestrial infrastructure.

Jan

22nd

2025

18:30

New Offerings, IoT,

Hispasat incorporates IOTLatam's sensors and analytics into its Tower Insight solution

January 23, 2025 This solution allows continuous monitoring of the status of the cellular towers thanks to the information captured through sensors and uploaded to a web platform that can be integrated with other customer management tools Tower Insight is available to telco customers in Latin America, Europe and Africa.

Jan

20th

2025

18:30

Thales Alenia Space and Hispasat start the development of the world’s first quantum key distribution system capacity from geostationary orbit

January 21, 2025 • The QKD-GEO mission is the most advanced civil project in the world in this area. It will produce unhackable ground-orbit keys that not even the most advanced quantum computers will be able to break.

Dec

17th

2024

19:10

Procurement and Sales

Europe Stakes Its Claim in Space with Rival to Starlink

The European Union signed contracts on Monday for a €10.6 billion satellite project aimed at rivaling Elon Musk’s Starlink, with plans to launch 290 satellites by 2030 as concerns grow over space-based communications sovereignty. The IRIS2 constellation will be built through a public-private partnership involving Luxembourg’s SES SA, France’s Eutelsat SA, and Spain’s Hispasat SA.

Dec

15th

2024

18:30

Procurement and Sales, Regulatory and Legal

IRIS2 lifts off as European Commission and SpaceRISE sign contract in Brussels

December 16, 2024 • Backed by €6.5 billion of public funds and over €4 billion of private funds, the multi-orbit satellite network project will enable Europe’s strategic communications autonomy. • Designed, delivered and operated by the SpaceRISE consortium, the EU’s 3rd flagship project to be launched into service by early 2030.

Dec

15th

2024

18:30

Procurement and Sales, New Offerings, Regulatory and Legal

SpaceRISE consortium signs agreement with the European Commission and the European Space Agency to launch IRIS2

December 16, 2024 Hispasat will be responsible for designing, delivering and operating the governmental ground segment of IRIS² for the provision of secure telecommunications services to Member States. It will also lead the development and operation of the Low LEO layer, which will embark innovative missions and ensure the participation of the European New Space ecosystem.

Examples of Hispasat's suppliers include MediaKind, NAGRA-Kudelski and Harmonic.

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