Hispasat, a privately owned Spanish company founded in 1989, provides connectivity and distribution services via its communications satellites. Employing approximately 230 people, the company's primary function is the distribution of audiovisual content, enabling digital and cable broadcasting services primarily in Spain. In 2023, Hispasat reported revenues of around $250 million. Redeia is its parent company.

2023 Revenue

Founded

1989

Headcount

225

Headquarters

Spain

Primary Segment

Connectivity and distribution services

Ownership

Privately Owned

Deployments

1

News Summary:

On December 16, 2024, Hispasat secured a role in the EU's IRIS² satellite project, a €10.6 billion initiative aiming for strategic communications autonomy. Hispasat will design, deliver, and operate the governmental ground segment for secure telecommunications services to member states. The company will also lead the development and operation of the Low LEO layer, incorporating innovative missions and fostering participation from the European New Space ecosystem. This project, backed by €6.5 billion in public funds and over €4 billion in private funds, is a SpaceRISE consortium effort, slated for launch by early 2030. Separately, on January 21, 2025, Hispasat announced the QKD-GEO mission, described as the world's most advanced civil project in its field, focusing on creating unhackable ground-orbit keys. Finally, on January 23, 2025, Hispasat launched Tower Insight, a solution for continuous monitoring of cellular towers using sensor data uploaded to a web platform, available to telecommunications customers in Latin America, Europe, and Africa.

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Hispasat offers products in the media tech industry. Hispasat's product portfolio comprises of connectivity and distribution services.
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Hispasat's revenues were less than $500M in 2023. All the revenue comes from media and broadcast satellite connectivity.
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Hispasat has customers like European Commision. Examples of Hispasat's suppliers include Harmonic, NAGRA-Kudelski and Vubiquity.

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