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The CEO of Indra calls for a greater and more stable investment for the aerospace sector

He believes that the Spanish Space Agency will be positive.

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The CEO of Indra calls for a greater and more stable investment for the aerospace sector

He believes that the Spanish Space Agency will be positive

MADRID, 5 Oct. (EUROPA PRESS) -

Indra's CEO, Ignacio Mataix, underlined on Tuesday the need to increase investment over time in the aeronautical sector to give the sector a medium- and long-term horizon.

"We need, and I think we are on the right track, to increase investment and do it in a stable way," said the director at the 'Seville, innovation ecosystem' meeting held this Tuesday in Seville and organized by 'El Confidencial'.

Mataix has highlighted that investing in technology is increasingly expensive and has emphasized the return that investment in this sector produces in society, which employs more than 200,000 people directly and indirectly in Spain.

The CEO of Indra has remarked that Spain remains behind in investment in this field compared to Germany, France and Spain, but has highlighted the positive impact that programs such as Perte Aerospacial can have, which will mobilize 4,500 million euros public-private .

Among other aspects, Mataix highlighted the sector's export capacity, which accounts for 70% of its sales, and its weight in large European programs such as the Future Air Combat System (FCAS), where Indra acts as industrial coordinator for the systems.

Likewise, it has also announced that Indra has recently been awarded a contract with the Norwegian Armed Forces for the management of its encrypted satellite communications.

Mataix has also considered that the Spanish Space Agency will translate into greater visibility of the space sector in the country, which will allow better channeling of investments and capturing value.

The manager has considered the entry of private capital into this segment of the company a reality and has outlined that Spain has leading companies. He has also highlighted the need for large companies to act as driving forces for those that are smaller.

In this regard, Indra's CEO highlighted Indra Ventures' investment in Sateliot and the company's plans to launch a constellation of nanosatellites with Enaire before 2030, as well as the launch of a constellation of 16 observation satellites in alliance with Portugal, one of the programs included in the Aerospace Perte.

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Indra