Announced
Completed
Financials
Tags
Completed
Acquisition
Private
Friendly
Single Bidder
South Africa
satellites
Majority
Aerospace
Cross Border
Synopsis
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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