Kongsberg Defence & Aerospace to acquire 77% of NanoAvionics

Kongsberg Defence & Aerospace agreed to acquire 77% of Lithuanian smallsat manufacturer NanoAvionics for an enterprise value of EUR 65 million. Management retains 23%.

“Kongsberg Defence & Aerospace (KONGSBERG) has entered into an agreement to acquire Lithuanian smallsat mission integrator and bus manufacturer NanoAvionics.”kongsberg.com

• 1 source
• kongsberg.comKONGSBERG enters into an agreement to acquire smallsat manufacturer NanoAvionics - KONGSBERG - an international technology groupKongsberg GroupJul 5, 2022

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