Hungarian 4iG Space and Defence Technologies signs MoU with US peer Axiom Space
4iG Space and Defence Technologies has signed a memorandum of understanding with US peer Axiom Space on potential collaboration, parent company 4iG said in an announcement on the website of the Budapest Stock Exchange on Monday.
4iG Space and Defence Technologies and Axiom Space
4iG said the MoU was signed to identify and develop potential collaboration in the space industry, with special regard to an orbital data centre. The sides will convene a joint task force to explore areas of development in accordance with the synergies between the parties, it added.
Houston-based Axiom Space, a leader in commercial spaceflight and space infrastructure development, is building the world’s first commercial space station. Axiom Space is also a partner in the Hungarian to Orbit (HUNOR) programme to send a Hungarian on a mission to space.
Cooperation with Creotech Instruments
The company signed a non-binding letter of intent on Friday with the Polish firm Creotech Instruments. The primary aim of this collaboration is to jointly explore participation opportunities in programs announced by European space-sector institutions and to develop additional initiatives that could lead to formal agreements.
Meeting with Elon Musk
In recent months, 4iG’s space-related activities have gained remarkable momentum, catching the attention of investors. One highlight was Gellért Jászai’s personal meeting with Elon Musk in Florida last December, where their plans for the space industry were also discussed—a revelation that immediately boosted the share price. Although the company shared only limited details about the meeting, it emphasized its intention to enter international space-technology markets with its own manufacturing capacities, services, and products.
Last year, 4iG launched 4iG Space & Technology Zrt. to consolidate all its space-industry competencies under a single entity, a move further bolstered by acquiring a 45% stake in Remred—a firm specializing in satellite design and production. Additionally, the company is making a m
Hungary’s first space-industry manufacturing centre
Hungary’s first space-industry manufacturing centre in Martonvásár, which is projected to be operational by 2026. The 4,000-square-meter facility will enable satellite production, assembly, and testing. 4iG also announced a comprehensive satellite program, aiming to place one geostationary satellite and a constellation of eight Earth-observation satellites into orbit by 2032. The data gathered by these satellites will be processed and commercialized, potentially generating significant revenue.
As we wrote earlier, a Hungarian astrophotographer captured a comet falling apart, read details HERE.