EQT is acquiring the German company Exolaunch, which assists satellite companies in getting their satellites into space and into their correct orbits.
Exolaunch has already been involved in hundreds of satellite launches - including SpaceX flights. EQT intends to accelerate the company’s international growth, new services, technology, etc.
The deal is expected to be completed by the end of this year.
- Exolaunch is a global leader in mission management, satellite integration, and deployment technologies for the world’s foremost satellite operators
- The company has deployed more than 790 satellites across 47 missions and has flown on every SpaceX Transporter and Bandwagon rideshare mission aboard Falcon 9
- EQT will support Exolaunch’s next phase of growth through investments in international expansion, product innovation and new service offerings across the space value chain