4iG has acquired a satellite manufacturing company and will open its space technology center in 2027
4iG has acquired a 55% stake in satellite manufacturer Remred Zrt., becoming its sole owner. The transaction, valued at 5 billion HUF, follows 4iG's previous 45% ownership. Remred is Hungary's largest space engineering company, supplying organizations like ESA and NASA. Concurrently, 4iG is increasing its capital in Remred by 7.2 billion HUF to support ongoing projects, including the MoonRAD and HUSAT programs. The Remtech space technology center in Martonvásár, expected to open in January 2027, will facilitate the production and testing of small satellites. This center represents a significant investment, creating at least 85 high-value jobs. Remred is a key supplier for ESA and participates in major space missions.
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