The project, unique in Spain and one of the most ambitious European chip production initiatives, will thus be supported by Indra Group, which will contribute its innovative, technological and business capabilities, its international experience, as well as its track record as a leading and structuring company in the national industry.

Following the investment round carried out by SPARC, in which Indra Group became the majority shareholder, SETT became the company's second-largest shareholder with 31.8%, and the existing shareholder, Vigo Activo, completed the round, reaching 8.0% of the share capital. SPARC was founded in 2022 to build Spain's first foundry for photonic semiconductor wafers, with a value proposition focused on the production of gallium arsenide (GaAs), indium phosphide (InP), and gallium nitride (GaN) chips for photonics, radio frequency, and power applications.

The acquisition of a significant stake in SPARC includes an industrial agreement that allows Indra to secure its supply of gallium nitride chips and position itself in this market with its own design and manufacturing capabilities. This technology is critical for the defense and aerospace sectors, especially for its radio frequency applications and, specifically, in the development of AESA electronically scanned array (AESA) radars. This acquisition will boost industry and skilled employment.
The SPARC semiconductor factory, which will become operational in 2027, will be located in the Valadares Technology Park in Vigo. It is planned to include an R&D center, a training area, and office space, and is expected to generate 200 direct, highly skilled jobs and 550 indirect jobs. Indra Group is thus also advancing its objective of becoming the leading company in the aerospace and defense industry in Spain, boosting industrial and manufacturing capabilities and creating high-quality, skilled jobs throughout the country.