4iG GROUP AND REMRED TO CONSTRUCT SPACE TECHNOLOGY CENTER IN HUNGARY

05-10-2024
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  • 4iG Group and REMRED Zrt. laid the foundation stone of a new space technology manufacturing center in Martonvásár, Hungary.
  • The 4,000 square meter facility is to design, manufacture and test satellites and advanced space systems from year 2026.
  • The facility named REMTECH, uses state of the art technology and operates according to the highest international space industry standards.
  • The investment will create more than 85 new high value jobs.
  • With the implementation of this space technology center, and the integration of space portfolio, 4iG Group becomes a service provider with unique capabilities and infrastructure in the Central and Eastern-European region.

 

4iG Group and its subsidiary REMRED Zrt. laid the foundation stone of Hungary’s first space industry manufacturing center in Martonvásár, Hungary. The factory named REMTECH manufactures, assembles, integrates, and tests satellites weighing up to 400 kilograms, with modular technology uniquely in Europe. The greenfield project implements state of the art technology solutions in line with aerospace standards and will be supplied by an independent photovoltaic power station. The 4,000 square meter manufacturing center includes 1,500 square meter special laboratory with ISO8 and ISO5 certified clean-room technology.

Designed to meet the needs of domestic and international markets as well, the space technology center is not just an excellent site for satellite technology and the space industry, but also creates a center of innovation, and domestic knowledge base, with multiple links to education and R&D activities. The space technology center becomes operational by 2026.

At the foundation ceremony Minister of National Economy Márton Nagy said that Hungary’s ability to manufacture satellites is not just an economic and security issue, but also of sovereignty. This is why the investment of the government’s strategic partner 4iG is important, as it will enable the company to become a regional leader in the space industry, in addition to ICT.

“With the joint investment of 4iG Group and REMRED we gain unique capabilities and infrastructure in Central Eastern Europe. As part of our technology and defense holding, space has the greatest growth potential, alongside 4iG Group's traditional businesses, IT and telecommunications", emphasized Gellért Jászai, Chairman of 4iG Group, in his speech at the ground-breaking ceremony. “The services and satellite manufacturing capacity of the space technology center further strengthens the international presence of 4iG Group and develops new domestic and international partnerships. We can enter a manufacturing market that combines state-of-the-art equipment with the latest knowledge to produce cutting edge technologies".

In his welcoming speech, Dr István Sárhegyi, founder of REMRED, and CEO of the space industry and technology holding company of the 4iG Group, emphasized that thanks to the investment, Hungary could become a major player in the global space market within a short period of time. The CEO said that already in the planning phase of the space manufacturing center the biggest international companies and manufacturers offered cooperation, which proves that there is a huge international demand to produce low earth orbit satellites and various space equipment. “Our goal in the space industry is to build on our own engineering capabilities to develop new and unique space equipment and satellites, and to become strategic partners of the biggest satellite and space companies, as well as national and international space agencies”, added Dr István Sárhegyi.

In the 21st century, the space industry, including the data and services provided by satellites, has become part of the critical infrastructure. The investment launched in partnership between 4iG Group and REMRED could not only play key role in the Hungarian and international space industry from 2026 but could also be a strategic element of national sovereignty and security policy through its technologic capabilities.

The 4iG Group

4iG Plc, a majority-owned Hungarian company based in Budapest, Hungary, is the leading telecommunications and IT group in Hungary and the Western Balkans, and one of the leading companies in the knowledge-based, digital economy. Listed on the Budapest Stock Exchange, the Group’s fresh and innovative approach and its position as Hungary’s leading IT systems integrator make it a leading business services provider in the region’s digital transformation. 4iG’s dynamic expansion strategy has made it a dominant player in the Hungarian and Western Balkan telecommunications markets. The Group is continuously expanding its services, expertise and portfolio to meet the changing needs and demands of the telecommunications and IT markets. The 4iG Group employs over 8,000 people. www.4iG.hu

REMRED

The predecessor of REMRED Zrt. was established as a subsidiary of the Energy Science Research Centre of the HUN-REN research network, which has allowed the Hungarian space industry to accumulate almost 50 years of space expertise and experience. REMRED’s team of nearly 100 employees is a partner in many major missions, working with the world’s leading space agencies such as the European Space Agency (ESA), NASA, JAXA and DLR. As an ESA partner, REMRED is also a supplier to major NASA and ESA-led space programmes such as the new manned lunar landing programme Artemis – Lunar Gateway Programme, the interplanetary mission Comet Interceptor and the Mars Sample Return Programme to return Martian rock samples to Earth. The company is also active in space weathering, space radiation and the design and manufacture of specialised equipment for these activities. REMRED is recognised by the Budapest Stock Exchange as a BSE50 company and 4iG Plc has an indirect 45% stake in the company.  www.remred.space