Investor Relations

Extraordinary Announcement of 4iG Plc.

Acquisition of 31% of the shares of Rotors & Cams Ltd. for reaching majority rights

4iG PLC (“4iG”) hereby informs the capital markets that 4iG has signed the Share Sale and Purchase Agreement and acquired 31% of the shares of Rotors & Cams Ltd. (Registered seat: building R, 45B, Street Újszász, H-1165 Budapest, registration nr: 01-10-142798, referred as: „Rotors & Cams”) today. Accordingly, 4iG has acquired majority of the shares of Rotors & Cams and control rights over Rotors & Cams. 

Rotors offers its partners the development, production and application of custom, optimized multi-rotor, rigid and hybrid drone systems and the use of drone systems by integrating state of the art technology solutions. Rotors provides ancillary services mainly in the fields of cartography and geoinformatics, industrial diagnostics, disaster relief, agriculture and the environmentalism. Rotors & Cams has developed an air defence target drone under the brand name of ProTAR between 2020 and 2024. 

With the acquisition, 4iG aims to take over the control of Rotors & Cams to further improve the efficiency in the IT and R&D focused development of UAV (Unmanned Aerial Vehicle) systems, in the processing of remote sensing data with artificial intelligence in various areas of industry 4.0 solutions and diverse aspects of IT imaging. Acquiring controlling rights in Rotors & Cams is part of the transformation programme of 4iG. It provides 4iG with the opportunity to integrate Rotors & Cams in it's space and defence portfolio under 4iG Space and Defence Plc. 

Budapest, 20 December 2024

4iG Plc.