Press Release
4iG to become sole owner of space firm REMRED
As part of the transaction, 4iG SDT also invests HUF 7.2 billion in additional capital into the company to advance REMRED’s international space programmes and bring its space technology centre to completion.
- 4iG Space and Defence (4iG S&D) acquires Space Oddity Ltd.’s 55% stake in REMRED Plc. Upon completion of the transaction, 4iG Group ownership in the Hungarian space industry and technology company increases from 45% to 100%.
- The parties agreed on a nominal purchase price of HUF 5,000,056 for the shares.
- In addition to the share acquisition, 4iG invests further HUF 7.2 billion into REMRED through a capital increase at a premium.
- The transactions announced today are aimed at strengthening 4iG Group’s capabilities in the space sector, expanding its international partnerships, and establishing its position within global satellite manufacturing supply chains.
- Alongside supporting its ongoing international projects, REMRED uses the raised funds to complete the REMTECH Space Technology Centre in Martonvásár, Hungary.
4iG Space and Defence (4iG S&D) 4iG Group’s holding company for the space and defence industries, signed a share purchase
agreement with Space Oddity Ltd. for the acquisition of its 55% stake in REMRED Plc. Upon completion of the transaction, 4iG
S&D will become the sole owner of the Hungarian space industry company. Building on REMRED’s engineering expertise, 4iG Group
aims to participate in the development of multiple satellites in collaboration with international partners and leverage the
manufacturing capabilities of the REMTECH centre in Martonvásár to become part of international satellite programmes.
As a key company of the 4iG Group space industry strategy, REMRED will continue to operate under its existing professional
leadership following the change in ownership structure. As an innovative space industry company REMRED will retain its existing
professional management structure following the change in ownership. István Sárhegyi Dr remains Chairman of REMRED’s Board
of Directors. In his capacity as Vice Chairman of 4iG Plc., he will also continue to oversee the implementation of the Group’s
space industry strategy and coordinate its international partnerships.
In addition to the share acquisition, 4iG Group will conduct a HUF 7.2 billion capital increase at a premium in REMRED. The
entire amount raised will remain within the company and will be used, among other things, to finance its development activities
under the MoonRAD and HUSAT programmes. Under the MoonRAD programme, the European Space Agency (ESA) has selected REMRED to
lead an international consortium. The consortium is developing a satellite weighing approximately 300 kilograms, designed
to perform communications and navigation functions in lunar orbit, while also monitoring space weather.
REMRED is also developing Earth observation satellites designed for low Earth orbit. Its partner in this field is Belgium-based
Aerospacelab, one of the key satellite manufacturers involved in the European Union’s IRIS² satellite communications system.
The Earth observation satellites will be manufactured at the REMTECH Space Technology Centre in Martonvásár, with the capital
increase also providing funding for the completion of the facility. Expected to open in January 2027, the centre will enable
REMRED to conduct the entire small satellite production process at a single location, including manufacturing, assembly, integration,
and testing.The transaction is expected to close following receipt of the necessary regulatory approvals and fulfilment of
the other closing conditions set out in the share purchase agreement. In accordance with applicable regulations, 4iG Plc.
will keep the capital markets informed of further developments and the completion of the transaction.x
11 November 2026
Background information
4iG Group
4iG Group is Hungary’s largest capital markets holding company in technology, infocommunications, digital infrastructure,
and the space and defence industry, with its shares listed on the Budapest Stock Exchange. 4iG is building its presence through
an integrated approach across high-capacity networks, data centre and international data connectivity infrastructure, technology
systems, and industrial and defence solutions, serving retail, business, government, and international customers. Employing
more than 11,000 people, the Group’s strategic goal is to contribute to the digital, technological, and industrial development
of Hungary and the region through long-term investments, innovation, and international partnerships. www.4ig.hu
4iG Space and Defence Technologies (4iG S&D)
4iG S&D is a Hungarian company operating as a member of 4iG Group, specializing in the research and development, system integration
and international commercialization of defence and space technologies. The company aims to contribute to the development of
NATO-compatible defence capabilities through innovative solutions, while serving as a bridge between the Hungarian technology
sector and the global defence industry. 4iG S&D is a key player in Hungary’s defence innovation ecosystem and actively participates
in the preparation of dual-use technologies for civilian applications. www.4igsdt.hu
REMRED Plc.
REMRED Plc. is 4iG S&D’s satellite manufacturing portfolio company, drawing on nearly 50 years of space engineering expertise
through its predecessor. Founded in 2016, the company specialises in the design, development and manufacturing of small and
medium-sized satellites in compliance with ECSS standards. It is a partner and supplier to the world’s leading space agencies,
including the European Space Agency (ESA) and NASA, and contributes to major space programmes and missions such as Artemis
– Lunar Gateway and Comet Interceptor. REMRED develops and manufactures space weather and radiation monitoring equipment,
as well as satellite systems. Its ambition is to become a leading player in the Hungarian and European space industries by
providing competitive, scalable satellite solutions to institutional, defence and commercial customers.www.remred.space
REMTECH Space Technology Centre
REMRED is developing the REMTECH space technology and manufacturing centre in Martonvásár as a greenfield investment, with
the facility nearing completion. The centre will specialise in the development, manufacturing, assembly, integration and testing
of satellites weighing up to 400 kilograms and designed for low Earth orbit (LEO), using modular technology that is unique
in Europe. REMTECH will be equipped with state-of-the-art technologies and advanced testing infrastructure, including systems
for vibration, shock, mechanical, thermal vacuum, climatic, electromagnetic compatibility (EMC/EMI) and acoustic testing.
The approximately 4,000-square-metre facility will include a 1,500 square metre specialised laboratory meeting ISO Class 8
and ISO Class 5 cleanroom standards.
Further information:
Péter ELKÁN
Corporate Affairs and Communications Director
4iG Group
sajto@4ig.hu