Private equity fund EQT is acquiring Berlin-based space company Exolaunch, a deal that underscores continued investor appetite for space infrastructure and launch-enablement businesses. Exolaunch works with satellite operators including SpaceX to help place satellites into orbit, positioning the company in a growing commercial space ecosystem. The transaction is positive for the sector but is unlikely to have a broad market impact.
Private equity fund EQT is acquiring Berlin-based space company Exolaunch, a deal that underscores continued investor appetite for space infrastructure and launch-enablement businesses. Exolaunch works with satellite operators including SpaceX to help place satellites into orbit, positioning the company in a growing commercial space ecosystem. The transaction is positive for the sector but is unlikely to have a broad market impact.
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