4iG Space & Defence Technologies Plc. is a Hungarian company focusing on the space and defense sectors, aiming to be a leading technology and service provider. They are involved in satellite development, manufacturing, and operation, including the HUSAT program with plans to launch a constellation of Earth observation satellites. 4iG is constructing the REMTECH space center for satellite manufacturing, assembly, integration, and testing. The company has partnered with companies such as Axiom Space and CPI Vertex Antennentechnik.
All verified mentions of this organization in source documents.
4IG Space and Defence announced its acquisition of a majority stake in Israeli satellite operator Spacecom in 2021.
4IG Space and Defence and Axiom Space plan to collaborate on a $100 million project for the development of an Orbital Data Center.
Israel Aerospace Industries (IAI) and Hungary’s 4iG have proposed a debt restructuring plan for SpaceCom.
EDGE Group signed strategic MoUs with Hungary’s 4iG to advance cooperation in satellite and space technologies.
Azerbaijan is exploring space and satellite investments with Hungary’s 4iG Space and Defence Technologies.
CarpathiaSat cPlc. was established within 4iG Group to launch and operate the first Hungarian telecommunications satellite in geostationary orbit.
4iG can purchase 20% of Spacecom’s shares in the public and private share issue subject to approval by the Israeli Ministry of Communications.
In the three years after closing the transaction announced on the Budapest and Tel Aviv stock exchanges, 4iG can increase its stake in Spacecom by an additional 31% subject to approval by the Israeli Ministry of Communications and Spacecom shareholders.
4iG originally announced plans in June 2021 to acquire 51% of Spacecom for $65,000,000.
Israel’s Ministry of Communications approved 4iG’s plan to buy an initial 20% of Spacecom on 2022-09-29.
4iG is part of a joint venture called CarpathiaSat that plans to launch Hungary’s first communications satellite.
4iG plans to buy 51% of Spacecom and build out Spacecom’s portfolio of services.
4iG Plc. is acquiring a 51% majority stake in Spacecom through a private shares placement.
The transaction value for 4iG’s acquisition of a 51% stake in Spacecom is $68,000,000.
4iG announced plans on 2021-07-09 to buy Nordic telco Telenor’s mobile operator in Montenegro.
4iG is an IT and communications company that aims to buy 51% of Spacecom to accelerate its international space ambitions.
Spacecom is negotiating with 4iG Plc. for 4iG to acquire a 51 percent majority stake in the Israel-based satellite services company.
The agreement between Spacecom and Nuran Wireless coincides with 4iG’s pursuit of a 51% stake in Spacecom for about $65,000,000.
4iG, the Hungary-based IT and communications company, is seeking to buy 51% of Spacecom for about $65,000,000.
4iG expects to pay $65,000,000 to buy the 51% stake in Spacecom.