4iG devours its satellite company

4iG S&D has signed a contract to acquire 55% of Remred Zrt.'s shares from Space Oddity Kft., aiming for full ownership. The transaction will not affect Remred's management, with István Sárhegyi remaining as chairman. A capital increase of 7.2 billion HUF will support ongoing projects, including the MoonRAD satellite program led by Remred for the European Space Agency. Remred is also developing Earth observation satellites in partnership with Aerospacelab, with production set to take place at a new facility in Martonvásár, expected to open in January 2027. The group's revenue exceeds 400 billion HUF, highlighting its significant role in the industry.