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Airbus and Hisdesat Sign PAZ-2 Satellite Marketing Agreement

Airbus Defence and Space and Hisdesat have signed a marketing agreement for the imagery and applications of the future PAZ-2 radar satellites, extending and expanding their partnership established in 2018 in the radar Earth observation sector. The agreement was formalized on January 28, 2026, at the European Space Conference in Brussels.


Airbus and Hisdesat Sign PAZ-2 Satellite Marketing Agreement

Details of the Marketing Agreement

This is a marketing agreement between Airbus Defence and Space and Hisdesat concerning the imagery and applications of the future PAZ-2 radar satellites. This agreement extends the existing collaboration for the marketing of radar images from the PAZ satellite in constellation with the German satellites TerraSAR-X / TanDEM-X, a partnership first established in 2018. The PAZ-2 program, led by the Spanish Ministry of Defence and Hisdesat, aims to replace the current PAZ satellite, which has been in service since 2018.

Contractual Details and Satellite Specifications

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The release does not provide the contractual amount, specific duration, or particular conditions of this agreement. In July 2025, Hisdesat awarded Airbus Defence and Space a separate contract for the manufacturing of the two new PAZ-2 satellites. The first PAZ-2 satellite is scheduled to enter service in mid-2031. The satellites will offer an improved resolution up to 10 centimeters, a coverage of 6.7 million km² per day per satellite, a maximum scanning angle of 500 km, and near real-time services with a latency of five minutes.



Sector Défense · Aéronautique · Industrie Aérospatiale


Assurance vie

Context

Period
  • Period: 2025
Key reported figures
  • Revenue: 73 420 millions d'euros
  • Revenue growth: 6,0 %
  • Net income: 5 221 millions d'euros
  • Free cash flow: 4 753 millions d'euros
  • Dividend per share: 3,20 € par action
Guidance from the release
  • 2025 a été une année charnière, caractérisée par une forte demande et une performance financière record, avec des livraisons et des commandes en hausse et des avancées stratégiques.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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