Global Trade Alert
Global Trade Alert

Spain: Government announces EUR 1 billion loan to Hisdesat for the development of PAZ 2 Earth observation satellite program

Announcement

03 Sep 2025

In September 2025, the Spanish government announced a loan of up to EUR 1 billion to Hisdesat Servicios Estratégicos SA, for the development of the PAZ 2 Earth observation satellite program using radar technology.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Sep 2025

Revocation date:

No revocation date

Updated: 03 Sep 2025
State loan In force

On 3 September 2025, the Spanish Ministry of Industry and Tourism announced through Royal Decree 768/2025 a EUR 1 billion (USD 1.17 billion) loan to Hisdesat Servicios Estratégicos SA for the devel...

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