Telespazio strengthens its presence in Spain to win contracts in Europe
The company's order book will close in 2026 with around 100 million euros, double that of last year.
Telespazio Ibérica, a joint venture between Italy's Leonardo and France's Thales, has acquired the engineering services of its UK subsidiary. The deal is expected to increase the company's business by 20%, with most of the impact felt next year. The acquisition will allow Telespazio Ibérica to strengthen its structure and capabilities to access new European space projects, particularly from the European Space Agency (ESA).
The company expects to close 2026 with an order book of around €100 million, double that of last year, and a 50% growth in revenue.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
