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Spain Approves €1 Billion Loan to Hisdesat for PAZ 2 Satellites - European Spaceflight

Summary by European Spaceflight
The PAZ-1 satellite prior to its launch in 2018 | Credit: Hisdesat Spain’s Council of Ministers has approved a loan agreement under which national satellite operator Hisdesat will receive €1.011 billion over eight years to develop a pair of PAZ 2 satellites. The PAZ-1 synthetic aperture radar was launched aboard a SpaceX Falcon 9 in February 2018. It delivers high-resolution Earth observation imagery for a wide range of applications, including b…
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European Spaceflight broke the news in on Saturday, April 19, 2025.
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