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Aerospace Componentsworld trade 2024+1.2% 5Y CAGR

Jan 16, 2017ACQUISITIONUnited Kingdom

Kuang-Chi Science to acquire 39% stake in Gilo for GBP2.45M

Kuang-Chi Science's subsidiary Advance Summit will invest GBP2.277 million in new shares and GBP0.175 million in existing shares of aerospace technology company Gilo, for a 39.06% stake, to collaborate on future space technology.

Value

$31.0M (24.5M GBP)

Status

Announced

Productsengine technology for drones, flying cars, rotary vehicles

CompaniesKuang-Chi Science acquirer Gilo target

Sectors#Aerospace Components

“光启科学与Gilo携手合作，共同研发未来空间技术及服务解决方案。”beta.zhitongcaijing.com

1 source
beta.zhitongcaijing.com光启科学(00439)2.3亿元入股航天技术公司Gilo 将合作研发未来空间技术Jan 16, 2017

Summarized from public sources; check the original articles before acting on it.

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