EQT buys Berlin-based SpaceX satellite launch partner Exolaunch
EQT will back Exolaunch’s expansion in satellite launch and deployment services after the company deployed more than 790 satellites across 47 missions.
- EQT entered into a definitive agreement on Thursday to acquire Germany-headquartered Exolaunch from founder Dmitriy Sternharz, marking EQT Private Equity's first investment in the space sector.
- Exolaunch has deployed more than 790 satellites across 47 missions for over 200 commercial and government customers, establishing strong operational credentials that attracted EQT's backing.
- Since 2020, Exolaunch has maintained a strategic relationship with SpaceX, participating in every Falcon Transporter and Bandwagon rideshare mission since those programs began.
- EQT will support Exolaunch's international expansion and product innovation, with the transaction expected to close during Q4 pending customary approvals and conditions.
- Exolaunch recently secured dedicated Falcon missions Exo-1 and Exo-2 scheduled for 2027 and 2028, which will substantially increase launch capacity and reinforce its market position.
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CEO TodayEQT to acquire Exolaunch
Private equity firm EQT is acquiring Exolaunch, a company that has handled the rideshare launches of hundreds of satellites, to help it meet growing launch demand. The post EQT to acquire Exolaunch appeared first on SpaceNews.
EQT to acquire Exolaunch, a Germany-based satellite deployment technology and launch mission management firm powering global access to space
/PRNewswire/ -- EQT is pleased to announce that EQT X ("EQT") has entered into a definitive agreement to acquire Exolaunch (or the "Company"), a global leader...
EQT to Acquire Exolaunch, Supporting the Launch Mission Management Firm's Next Growth Phase
EQT X has entered into a definitive agreement to acquire Exolaunch from founder Dmitriy Sternharz. Headquartered in Germany, Exolaunch enables access to space for global satellite operators. By acquiring Exolaunch, EQT will support the company in scaling up its global operations and investing into the development of new satellite launch and deployment technologies.
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