Tag: EQT
-
EQT Makes First Space Sector Bet With Acquisition of Germany’s Exolaunch
The transaction is expected to close by the end of the year. Exolaunch was founded in 2010 as a spinoff of the Technical University of Berlin. The data service dealroom.co estimated the deal value at $339 million, a figure that would reflect the company’s rapid expansion over the last couple of years. Exolaunch specializes in…
-
France Blocks Eutelsat Antenna Sale to EQT Over Strategic Concerns
France has blocked satellite operator Eutelsat from selling its ground-based antenna business to private equity firm EQT, citing concerns that the deal would undermine Europe’s ability to compete with Starlink, Bloomberg reported. The proposed transaction, valued at about €550 million (£550 million), would have seen EQT Infrastructure acquire a majority stake in Eutelsat’s Ground Station…