Kongsberg Acquires Majority Stake in NanoAvionics
This morning, Kongsberg Defense and Aerospace, a Norwegian technology company, announced it has entered into an agreement to acquire a majority stake in NanoAvionics. The deal values the Lithuanian smallsat manufacturer at €65M ($67M). The terms: Kongsberg is taking a 77% stake in the company. The company’s leadership will remain unchanged for now, with CEO […]