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# Spain approves EUR 1011.85 million loan to Hisdesat for PAZ 2 satellites
- URL: https://sovereigntymonitor.eu/news/2025-04-15-spain-hisdesat-paz2-loan/
- Published: 2025-04-15T12:00:00.000Z
- Updated: 2026-10-23T04:01:43.000Z
- Description: Spain's Council of Ministers approved a EUR 1011.85 million loan to Hisdesat to finance two PAZ 2 radar earth observation satellites. The loan is disbursed between 2025 and 2032, replacing the ageing PAZ satellite.
- Author: Reidar Balstad
- Tags: Defence and space, Industry, investment and R&D, #news, #verified, #ai-drafted

Verified AI-drafted [Spanish Ministry of Finance (Ministerio de Hacienda) press release, 15 April 2025](https://www.hacienda.gob.es/en-GB/Prensa/Noticias/Paginas/2025/20250415-SATELITES-PAZ2.aspx?ref=sovereigntymonitor.eu)

**What it does not test.** Does not name the satellites' manufacturer or confirm a signed build contract; only the state loan is established.

**How this item counts.** This item is dated before the index starts on 1 January 2026, so it does not count in the [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/).

**How this item was made.** Drafted by an AI system (Claude (Anthropic)) from the source cited above and published under the editor’s responsibility without a person reading it first. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)