4iG stock: Space unit seeks full ownership of REMRED
Published on 11/16/2026 at 00:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS4iG expands its space strategy
- 4iG's space and defence unit agreed to acquire the remaining stake in satellite maker REMRED.
- The transaction includes additional funding for international space programmes and a manufacturing centre in Hungary.
- Completion remains subject to regulatory approvals and other closing conditions.
4iG's space and defence unit agreed on November 11 to acquire the remaining 55 percent of REMRED from Space Oddity, according to the company's official announcement. Completion would lift 4iG Group's ownership of the Hungarian satellite manufacturer from 45 percent to 100 percent.
Transaction adds capital for satellites
The parties agreed on a nominal purchase price of HUF 5,000,056 for the shares. Separately, 4iG will inject HUF 7.2 billion into REMRED through a capital increase at a premium, with the funds staying in the company.
The capital is intended to support REMRED's MoonRAD and HUSAT programmes and the completion of the REMTECH Space Technology Centre in Martonvásár. The facility is expected to open in January 2027 and will bring satellite manufacturing, assembly, integration and testing under one roof.
Ownership change awaits approval
The transaction is expected to close after the required regulatory approvals and other conditions in the share purchase agreement have been satisfied. REMRED's existing professional management is set to remain in place, with István Sárhegyi continuing as chairman of the board.
REMRED is developing small and medium-sized satellites and related systems for institutional, defence and commercial customers. Its programmes include a MoonRAD project selected by the European Space Agency and Earth-observation satellites developed with Belgium-based Aerospacelab.
4iG's integrated technology platform
4iG is headquartered in Budapest and operates across telecommunications, IT systems integration, digital infrastructure, and space and defence technologies. The group serves retail, business, government and international customers through high-capacity networks, data centres, connectivity infrastructure and technology systems. Its shares are listed on the Budapest Stock Exchange, while its activities span Hungary and the wider region.
4iG company facts
- Company: 4iG Plc.
- ISIN: HU0000167788
- Ticker: 4IG.BD
- Home exchange: Budapest Stock Exchange
- Business: Telecommunications, IT systems integration, digital infrastructure, space and defence technologies
- Transaction date: November 11, 2026
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