Page 19 - hisdeSAT annual report 2012
P. 19
ABOUT HISDESAT1
2.3 Corporate and shareholding
structure Since its inception, Hisdesat has stood out as
a Company of high strategic value to the Spanish Government.
In recent years, its intense activity and its highly developed
programmes have translated into the generation of significant
industrial returns for the national aerospace industry.
Shareholding Corporate Structure
Shareholders in the company are the satellite com- Hisdesat has established various collaboration agree-
munications operator Hispasat (43%), the public com- ments with other companies and entities of an inter-
pany belonging to the Ministry of Defence, ISDEFE national nature, for the purposes of providing its ser-
(30%), EADS CASA Espacio (15%), INDRA (7%) and vices to an increasingly extensive and global market.
SENER (5%).
Firstly, it set up a Joint-venture in the United States
This shareholding responds to a model of public with the American company Loral Space & Communi-
private partnership in order to provide services of cations, for the creation of Xtar LLc, the objective of
a strategic nature with the criteria of efficiency and which is to provide satellite communication services
excellence. to governmental bodies through its communication
satellites. Hisdesat holds 44% of the shares.
HISDESAT SHAREHOlDINGS
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