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Extraordinary Announcement of 4iG PLC - 2025.02.17.

Investor Relations

Extraordinary Announcement of 4iG Plc.

On concluding a non-binding Letter of Intent

4iG Public Limited Company (hereinafter referred to as: “4iG”) hereby informs the participants of the capital market that today a non-binding Letter of Intent was signed between 4iG Space and Defence Technologies Private Limited Company (hereinafter referred to as “4iG S&D”) - a member of the 4iG Group - and Axiom Space, Inc. in order to identify and develop potential collaboration in the field of space industry with special regard to the field of Orbital Data Centre. To enhance partnership, 4iG S&D and Axiom Space Inc. will convene a joint task force to explore the fields of development in accordance with the synergies between the parties. 

Houston-based space infrastructure developer Axiom Space Inc. is a leader in commercial spaceflight and space infrastructure development, building the world's first commercial space station. The US space company provides solutions for microgravity research, with a focus on in-space data networks, storage and processing. Axiom Space Inc, is also a partner of the Hungarian astronaut program, called HUNOR.

4iG Space and Defence Ltd. is an independent holding company of the 4iG Group with special focuses on space and defence industry, which aims to enter the global market in the fields of satellite development, manufacturing, operation, satellite services, drone manufacturing, drone defence, defence industrial and digitalisation services, among others. The objective of 4iG S&D's HUSAT Program is to have a constellation of one geostationary satellite and a total of eight Earth observation satellites on low earth orbit by 2032.  

 Budapest, 17 February 2025 

4iG Plc.

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 Extraordinary Announcement of 4iG Plc 2025.02.17.
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