On 22 December 2022, technology company ARQUIMEA announced that they had bought IberEspacio, a company which supplies thermal control hardware and engineering solutions for satellites, from Técnicas Reunidas for EUR 19 M. The company has participated in 53 space missions, having launched more than 991 units, with another 1,357 in progress.

ARQUIMEA is the main shareholder and industrial partner responsible for the manufacture of satellites for BeetleSat, a new telecommunications constellation, for which it plans to manufacture more than 200 satellites in the coming years. The satellites will be manufactured at IberEspacio’s facilities.

CK