M&A Activity • Aug 27, 2025
M&A Activity
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on concluding non-binding Memorandums of Understanding
4iG Public Limited Company (hereinafter referred to as: "4iG") hereby informs the participants of the capital market that today a non-binding Memorandum of Understanding was signed between 4iG Space and Defence Technologies Private Limited Company (hereinafter referred to as "4iG S&D") - a member of 4iG Group - and the Brazilian Condor S.A. Indústria Química – CONDOR Non-Lethal Technologies, an entity of EDGE Group (hereinafter referred to as "CONDOR").
While 4iG S&D and EDGE Group continuously work on deepening their cooperation in the field of defence technology, they have now identified a further common opportunity between 4iG S&D and CONDOR. The parties have signed a non-binding Memorandum of Understanding to explore and further specify the fields of possible cooperation in the establishment of a regional hub in Hungary for advanced non-lethal solutions, with the purpose of educational and research programs, technology transfer and logistics.
CONDOR is a global leader in the development of non-lethal technologies designed to enable the responsible and proportional use of force (e.g. ammunition, grenades, incapacitating electrical devices and pyrotechnics). It maintains a presence in more than 80 countries, driving innovation and setting benchmarks in public security and defence.
4iG Space and Defence Plc. is a stand-alone holding company covering the space and defence industrial interests of the 4iG Group. Its aim is to form a vertically integrated large company covering numerous defence and dual use technology value-added chains in the fields of space, aviation and land vehicle, weapon systems and defence digitalisation services. Further to the reinforcement of the Hungarian capabilities, the mission of the company is to be a competitive service and integrator entity for the long term on an international level serving the markets of the European Union, NATO and global partners.
Budapest, 27 August 2025
4iG Plc.
4iG PLC Mailing address: H-1013 Budapest, Krisztina körút 39. Phone: +36 1 270 7600 Fax: +36 1 270 7679 Email: [email protected] Internet: www.4ig.hu
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