Windsor Capital has made a strategic investment of $50 million in Space Labs, acquiring a 4.9% minority stake at a valuation of roughly $1.02 billion. The deal comes after over two years of due diligence. Space Labs intends to use the funds for international expansion and enhancing its technology infrastructure, focusing on proprietary blockchain protocols and applications.
A significant aspect of their platform is the Real World Digitalization Protocol (RWD), aimed at connecting real-world projects with capital through blockchain and smart contracts. Additionally, the partnership will establish a distribution channel leveraging Windsor’s international automotive network, rolling out in phases across various markets.
Key Quotes:
-
Igor Šinkovec, CEO of Space Labs: “This partnership is about much more than capital. The $50 million investment gives Space Labs financial strength, while Windsor brings global relationships and real-world opportunities into the technology infrastructure we have built.”
-
John M. Probandt, CEO of Windsor Capital: “Space Labs has built technology addressing a global opportunity. Combined with Windsor’s international network, we believe this partnership can create something significantly larger than either side could build independently.”
