What Happened
Private Equity Firm Expands into Space Sector with Rideshare Launch Specialist
Private equity firm EQT is acquiring Exolaunch, a company specializing in rideshare launches, to help meet growing demand for launch services. The deal, announced June 18, is expected to close in the fourth quarter of 2026. Exolaunch has arranged launches for over 790 satellites and has developed satellite deployment systems. With EQT’s backing, Exolaunch plans to acquire additional launch capacity to address the industry’s launch-constrained moment. This was first reported by SpaceNews.