A Hungarian technology firm is making what its chairman called a “giant leap” for bilateral cooperation after committing $100 million to a leading U.S. commercial space company, marking the first time a Hungarian enterprise has taken an ownership stake in a major American space player.
Budapest-based 4iG announced Friday that its space and defense subsidiary had signed a definitive agreement to become an anchor investor in Houston-based Axiom Space, committing $30 million by the end of 2025 and an additional $70 million by March 31, 2026.
For Axiom Space, the investment brings in a European industrial partner as the company accelerates…
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