US EditionIndra Secures €385 Million European Investment Bank Financing for Development of Defence Technologies
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Indra secures €385 million European Investment Bank financing for development of defence technologies
The funding will support the creation of the Indra Technology Hub in Torrejón de Ardoz, located in the Madrid region. This new integrated centre will host advanced laboratories and manufacturing technologies focused on radar, electronic defence, electro-optics, communications, and digital systems. The financing agreement was signed at EIB headquarters in Luxembourg in the presence of EIB President Nadia Calviño, EIB Vice-President Robert de Groo…
The agreement, signed at the Ministry of Defense in Madrid, will involve the transfer of technology from Bittium, while Indra will contribute its "wide experience and knowledge" in the field of SDR systems and waveforms.
"This solution will guarantee European sovereignty over this critical asset, meeting the requirements of the Spanish and allied Armed Forces," explains both companies in a statement. Indra Group's executive president, Angel Escribano, stresses that "with this agreement, we want to take a further step in Indra's broad trajectory in the development of own technologies and in the experience accumulated over the past 15 years in the field of SDR tec…
Bittium Corporation's subsidiary Bittium Wireless Ltd. and Indra Group to sign a Letter of Intent for strategic cooperation on Tactical Radio Communications Solution - MÖNCH PUBLISHING GROUP
Bittium announced earlier on 11 July 2025 that the Spanish Ministry of Defense plans to launch a project to acquire new national software-based tactical radios Bittium Corporation’s subsidiary Bittium Wireless Ltd and Indra Group have signe don July 18 a Letter of Intent to establish strategic cooperation in the development of Software Defined Radio (SDR) solution – a key technology in defense modernization – at the Ministry of Defense in Madrid…
According to Bittium, this is a key technology in the modernization of defense.
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