4iG Group secures $282M for space and defence unit

Details: Manny Pham; Category: Operators; 07 August 2025; 6890 views

Hungarian telecom and technology firm 4iG Group has announced a HUF96 billion (US$282 million) investment into its B2B subsidiary, 4iG Space and Defence (4iG SD), to address a growing backlog of demand in the space and defence sectors.

The funding will come from private equity firm iG TECH Capital Fund Management, which is owned by 4iG chairman Gellért Jászai. The capital will be disbursed in two phases between August and the end of September.

As part of the transaction, iG TECH’s stake in 4iG will rise to 49% through a two-step capital increase.

According to 4iG, the investment was prompted by a substantial order backlog at 4iG SD and its subsidiaries, which the group values at more than €1.37 billion (HUF548 billion). The company said the backlog comprises long-term contracts and committed revenue streams, driven by multi-year development and delivery cycles - making it a key indicator of the unit’s long-term business stability and growth potential. The valuation does not include N7 Defence, as that acquisition is yet to be finalised.

The new funds will also support 4iG’s flagship HUSAT satellite programme, an initiative aimed at boosting connectivity through satellite launches. Additional investments will go towards expanding manufacturing capacity for ground stations and data processing systems.

“This capital increase provides 4iG SD with a stable financial foundation to respond effectively to the rapidly growing demand for space and defence technologies in both domestic and international markets,” said chairman Gellért Jászai.

He added that shifts in the global geopolitical landscape, increased defence spending among NATO members, and the transformation of the space industry are expected to drive sustained growth in these sectors over the next 10 to 15 years.

“The capital injection enables us to further build on the technological and industrial competencies we have deliberately developed in recent years,” Jászai said.

“Our existing strategic partnerships and international negotiations reinforce the company’s growing presence on the global stage. In less than three years, the space and defence segment has become the most dynamically developing area within the 4iG Group. With this transaction, we are laying the foundation for a growth trajectory that could soon make this business line one of the most significant within the Group.”