IHC has announced that its wholly owned subsidiary, International Tech Group SP, is in the process of acquiring an 80% stake in Marlan Holding RSC, the holding company behind Marlan Space, subject to regulatory approvals.
Marlan Space, a UAE based investor, and Loft Orbital are leading a consortium in a $1 billion investment in France to build Altair-Next Gen, the world’s largest artificial intelligence (AI) satellite infrastructure.
