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Announced

Completed

Max Polyakov completed the acquisition of a majority stake in Dragonfly Aerospace.

Financials

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Consideration TypeCash
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Tags

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Completed

Acquisition

Private

Friendly

Single Bidder

South Africa

satellites

Majority

Aerospace

Cross Border

Synopsis

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Max Polyakov, the international technology entrepreneur, completed the acquisition of a majority stake in Dragonfly Aerospace, a producer of compact high-performance satellites. Financial terms were not disclosed. "Dragonfly’s advanced technology provides high quality images in a wide range of spectrums and resolutions that are critical for monitoring the health of our planet and enabling intelligent agriculture that protects biodiversity. This improves global food security and supports a healthy environment which ultimately benefits the lives of people on Earth," Max Polyakov.

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