IHC Expands into Space Economy with Majority Stake Acquisition in Marlan Space
International Holding Company (IHC) is set to broaden its footprint in the advanced technology and space economy sectors by acquiring a majority stake in Marlan Space. The transaction provides the Abu Dhabi-based conglomerate with a strategic platform to invest in satellite infrastructure, advanced manufacturing, and next-generation space technologies.
The company announced on Tuesday that its wholly owned subsidiary, International Tech Group SP LLC, is finalizing the acquisition of an 80% stake in Marlan Holding RSC Limited, the parent entity of Marlan Space. The transaction remains subject to customary regulatory approvals; financial terms were not disclosed.
The acquisition aligns with IHC’s broader strategy to establish long-term investment platforms in sectors benefiting from global structural growth trends, with a dedicated focus on artificial intelligence, digital infrastructure, and frontier technologies.
Marlan Space: A Gateway to the Space Economy
Marlan Space operates as an investor and operator focusing on space-economy ventures, autonomous space operations, and specialized high-performance computing.
Key assets within Marlan Space's operational portfolio include:
Orbit Works: An Abu Dhabi-based space infrastructure venture established as a joint venture with U.S.-based Loft Orbital to manufacture commercial satellites at scale. The company handles satellite design, assembly, integration, and testing (AIT) from its specialized facility in the Khalifa Economic Zones Abu Dhabi (KEZAD), catering to regional and global constellation deployments.
Al Tayr Program: An AI-powered, multi-sensor Earth observation constellation that integrates optical, hyperspectral, thermal infrared, and passive radio frequency (RF) sensors, alongside advanced onboard edge-data processing capabilities.