Hungarian Tech Giant Takes a Big Step into U. S. Space Ventures

4iG's Bold Move in the Space Industry

A Hungarian company, 4iG, based in Budapest, has announced a significant investment of $100 million in Axiom Space, a leading U.S. space company. This marks the first time a Hungarian company has invested in a major American space firm.

Strengthening International Relations

Gellért Jászai, the chairman of 4iG, views this investment as a pivotal moment that will strengthen the relationship between Hungary and the U.S. in the space sector. The investment is structured in two phases:

$30 million by the end of 2025
$70 million by March 2026

Beyond Financial Investment

The partnership extends beyond monetary investment. 4iG will gain long-term access to:

Space data
Communications
Research in microgravity

These areas are crucial for 4iG's ambition to become a leader in space and defense technology.

Axiom Space's Strategic Advantage

For Axiom Space, this investment is timely as they are developing Axiom Station, the first commercial space station designed to succeed the International Space Station. Kam Ghaffarian, Axiom's chairman, welcomes 4iG's involvement, anticipating enhanced innovation in space research and commercialization.

Strengthening Ties and Future Collaborations

Hungary already has existing ties with Axiom Space, including the HUNOR program, which will send Hungary's second astronaut, Tibor Kapu, to space. Previous collaborations have included joint efforts on orbital data centers and low Earth orbit services.

A New Era of Cooperation

This investment aligns with Hungary's aspirations for improved relations with the U.S., particularly in trade and investment. Hungarian officials have expressed hopes for a new era of cooperation, and this deal underscores Hungary's ambition to become a key player in the global space economy.

Long-Term Partnership

Both companies view this as a long-term partnership, signaling Hungary's serious intent to compete in the commercial space race and strengthen its ties with the U.S.