EKAHI ACQUIRES LAND TO ESTABLISH GREENFIELD SATELLITE DEVELOPMENT CENTER IN ESTONIA

November 18, 2016

Tallinn, Estonia, November 18, 2016 Ekahi’s Internet & Technology division has established a subsidiary to develop and provide low-cost, high-performance space launch capability for the under-served small satellite market, where secondary-payload launches are often the only option. The technologies to be employed in this state-of-the-art rockets provide a clear pathway for future incremental improvements in vehicle capability. Later vehicles will also have reusable elements and employ air-breathing propulsion.

Small satellites are playing an increasingly significant role in space. Smaller, lighter and cheaper satellite technologies have led to functional systems that are a fraction of the size of their predecessors. Meanwhile, constellations of small satellites are showing promise for replacing larger custom-built systems, thus providing redundancy and the ability to regularly refresh system technology. Lastly, many advanced technologies languish at middle TRL levels. Low cost rides to space will allow these technologies to be proven and advance our collective space-flight capabilities.

The primary focus will be to create the world’s best and lowest-cost light satellite launch vehicle. How? By using proven rocket technologies developed by our world-class team in our designs and employing mass production processes. Where we see moderate risk, high pay-off technical or business opportunities, we take them.

Our customers are searching for a reliable, cost effective launch service and for whom multi-manifesting or a secondary payload position is not a desirable option. That’s where Firefly comes in.

About Ekahi

Ekahi.Group works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, engineering, logistics and finance.Ekahi’smission is to invest in companies that combine an outstanding business model with strong competitive advantages.Ekahi stays invested for the long – term, preferably for the next generation.Ekahi’s investment philosophy is characterized by consistent application of the principles of value investing, which solid, stable businesses, Internal Compounding by organic or acquired growth, managementwith strong business sense and an owner-mentality and margin of safety. Each acquisition further fuels innovation and application across our industrial sectors. With people, services, technology and scale, Ekahi is able to deliver better outcomes for customers by speaking the language of industry.Ekahi.Group is the trading and registered name of Envesecure, a registered Fund and Family Office.
For more information visit www.ekahi.group

Caution Concerning Forward-Looking Statements:

This document includes certain forward-looking projected financial information that is based on current estimates and forecasts. Actual results could differ materially.

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