Telespazio doubles Spanish order book to €100M, targets European contracts

Telespazio, a Leonardo/Thales space-services joint venture, is expanding in Spain, with its order book projected to reach €100M by 2026, double last year's level. The move signals a strategic push to win more European contracts, likely in satellite communications and Earth observation for defense and institutional clients. The growth is company-specific but reflects broader European space-defense investment trends.