Hungarian space and defence technology company 4iG S&D has entered into a strategic agreement with Axiom Space, Inc, a US-based leader in commercial spaceflight and infrastructure development. The non-binding letter of intent, announced on Monday, outlines a collaboration to explore joint opportunities in the space industry, with a particular focus on orbital data centre (ODC) services.
According to the official statement, the two companies will establish a joint working group to identify and develop areas of cooperation, leveraging their respective strengths in space technology. Axiom Space, headquartered in Houston, is at the forefront of commercial spaceflight and infrastructure development. The company is currently constructing the world’s first private space station, aiming to redefine human access to low Earth orbit.
Axiom Space provides advanced solutions for microgravity research, specializing in space-based data networks, storage, and processing. The Hungarian astronaut programme, HUNOR, is already partnered with Axiom Space, further reinforcing the growing cooperation between the US space sector and Hungarian enterprises.
As a subsidiary of the 4iG Group, 4iG S&D consolidates the company’s space and defence industry interests, with ambitions to expand into global markets. Its focus areas include satellite development, manufacturing, and operations, as well as satellite-based services, drone production, drone defence systems, and digital defence solutions.
One of the company’s key initiatives is the HUSAT programme, which represents Central and Eastern Europe’s first private satellite project. The programme aims to deploy a satellite constellation consisting of one geostationary and eight low Earth orbit Earth observation satellites by 2032. This initiative underscores Hungary’s growing ambitions in space technology and satellite-based services.
Beyond its advancements in space technology, the 4iG Group has reported record-breaking revenue for the first nine months of 2024. The company’s consolidated net revenue, based on International Financial Reporting Standards (IFRS), grew by 20.54 per cent to 507.8 billion forints. Meanwhile, earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 15.11 per cent, reaching 169.8 billion forints.
The agreement with Axiom Space highlights Hungary’s expanding presence in the international space sector. With its increasing investments in satellite technology, orbital data services, and space infrastructure, 4iG S&D is positioning itself as a key player in the rapidly evolving space economy.
This collaboration marks an important step for Hungary’s space industry, offering opportunities for technological advancements and strengthening ties with leading space enterprises such as Axiom Space.
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