After approving the constitution of the Space NewCo, Indra strengthens its portfolio by acquiring Deimos

• Indra's Board of Directors has approved the creation of the Space NewCo, as announced in the presentation of its Leading the Future Strategic Plan, which will serve as a vehicle to provide comprehensive capabilities throughout the space industry value chain
• In order to expand its portfolio, Indra recently signed a contract with Elecnor to acquire Deimos, thus reinforcing its capabilities in all phases of a space mission, including satellite design and integration and the ground segment
• Indra's 50% stake in Startical, an initiative to provide air traffic management communication and surveillance services, will be incorporated into the NewCo to improve its positioning in the downstream segment for the exploitation of space capabilities

https://www.indracompany.com/en/noticia/approving-constitution-space-newco-indra-strengthens-portfolio-acquiring-deimos