Business · Companies · 1 hr ago
Aresol buys 5% stake in Spanish drone maker Miriad Global
Spain's renewable energy company Aresol has bought a 5% stake in drone maker Miriad Global.
Aresol is owned by brothers Joaquín and Raúl Sáenz, and the deal brings the company into the defence sector.
Aresol can buy another 5% and will have a seat on Miriad's board.
The shares came from Funditec, which previously owned half of Miriad; the rest is held by five company executives.
The companies are also working on a fund with a target of €100 million for defence projects, which could support Miriad's industrial capacity and future acquisitions.
Miriad plans to build a Spanish factory to make small jet engines for its drones and interceptor systems, but has not chosen a location.
The factory plan has drawn interest from several Spanish regions, and the next steps include deciding where to build it and developing the investment fund.
Aresol has acquired a 5% stake in Spanish drone and interceptor-missile company Miriad Global.
The deal includes an option for Aresol to buy an additional 5% and gives it a seat on Miriad’s board.
The stake and option were acquired from the Funditec Foundation, which previously held 50% of Miriad.
Aresol’s owners are also working on an investment vehicle targeting €100 million for defence projects.
Miriad is considering a Spanish factory to produce turbojets for its drones and interceptors.
- Who
- Aresol, a renewable energy company owned by brothers Joaquín and Raúl Sáenz, and Miriad Global.
- What
- Aresol acquired a 5% stake in Miriad, with an option to acquire a further 5%.
- When
- Reported on Nov. 11, 2026; the transaction date is not stated.
- Where
- Spain. The location of Miriad’s planned factory has not been decided.
- Why
- Aresol has entered the defence sector. The specific reason for the investment is not stated.
This story does not have two clearly opposing sides.
Miriad integrated Insyte to strengthen its capabilities in drone electronics, critical-mission equipment and onboard artificial intelligence.
Expansión reported that Aresol had acquired a 5% stake in Miriad and an option for a further 5%.
- Aresol’s stake
- 5% of Miriad Global
- Additional option
- 5% of Miriad Global
- Seller
- Funditec Foundation
- Investment vehicle target
- €100 million
- Planned factory
- In Spain; location not yet decided