Indra to control space business value chain with foundation of Indra Espacio, estimated turnover of €1 billion by 2030
Singular Bank| The company is to create a separate company, Indra Espacio, to boost its aerospace business, which in its strategic update a fortnight ago said it expected to have a turnover of €1 billion by 2030. It will focus on space and earth observation, navigation, and building satellite constellations. Thus, it aims to control the value chain of the space business, and for this it could make acquisitions of…