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European Spaceflight

Spain Approves Early Release of €65.8 Million in PAZ 2 Spy Satellite Funding

Spain Approves Early Release of €65.8 Million in PAZ 2 Spy Satellite Funding

Image: European Spaceflight

The Spanish government has approved a request from satellite operator Hisdesat to bring forward €65.8 million of a €1 billion loan for the PAZ 2 spy satellite programme to cover payments due earlier than originally anticipated. Published in Spain’s official gazette on 3 September, the adjustment increases the funding scheduled for 2026 from €179.8 million […] The post Spain Approves Early Release of €65.8 Million in PAZ 2 Spy Satellite Funding appeared first on European Spaceflight.

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