IHC moves to acquire 80% of Marlan Space in major UAE satellite push
Dubai: IHC is moving to acquire an 80% stake in the holding company behind UAE-based Marlan Space, giving the Abu Dhabi investment group a majority position in a business spanning satellite manufacturing, Earth observation, advanced computing and space infrastructure. The acquisition is being pursued through IHC’s wholly owned…
Dubai: IHC is acquiring an 80% stake in Marlan Space, a UAE-based company involved in satellite manufacturing, Earth observation, advanced computing, and space infrastructure. The investment group is pursuing the acquisition through its wholly-owned subsidiary, International Tech Group SP LLC, with regulatory approvals pending. The deal would give IHC a majority position in the business, expanding its technology portfolio into deep-tech and the new space economy.
Marlan Space operates and invests in space systems, autonomous operations, and advanced compute, with a satellite manufacturing facility in Abu Dhabi. The company's flagship program, Altair, is an AI-enabled Earth observation constellation. This acquisition provides Marlan Space with access to IHC's capital, capabilities, and Dynamic Value Networks, accelerating its growth in the space sector.
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