The award has been recently created by the Spanish military orders of Santiago, Calatrava, Alcantara and Montesa. The President of its Royal Council is the Duke of Calabria, Prince Pedro of BTS.
The award was handed over by King Felipe, Grand Master of the Orders, as he mentioned in his speech, who was accompanied by the Minister of Justice, and the Duke of Calabria. Although Pedro is not legally a Royal Highness, the Royal House Website refers to him as "His Royal Highness don Pedro de Borbon Dos Sicilias".
Information on casareal with some pictures.
Information, in English, about the award and the Spanish military orders.