In 1982, Steyr-Daimler-Puch Spezialfahrzeug initiated the conception phase for the development of a new infantry fighting vehicle. This was followed by initial talks with the militaries of Greece, Norway and Switzerland to find the desired requirements for a new IFV. The decision to develop a new IFV was made following the Bundesheer announcement of the military requirement for the "Kampfschützenpanzer 90" (combat infantry fighting vehicle 90) in 1985. Based on this, Steyr-Daimler-Puch Spezialfahrzeug started the conception of the vehicle; however, it was clear that Austria would not order new IFVs in the next years and that the development costs exceeded Steyr's budget. Therefore, in 1988, a cooperation with the Spanish company Empresa National Santa Barbara S. A. was signed, which resulted in the development being renamed to ASCOD (Austrian Spanish Cooperative Development). Following this, the development of the ASCOD was started. The hulls were manufactured in Spain, while the ASCOD turrets (based on the SP-30 turret design used on the scout version of the Pandur) were made by Steyr in Austria. The first prototype was presented in 1991 in Sevilla and tested by 1992 with production being possible only four years later.