White & Case advises SPACEBEL on satellite contract with Democratic Republic of the Congo
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Global law firm White & Case LLP has advised SPACEBEL, the Belgian space systems and software engineering company, on its agreement with the Democratic Republic of the Congo (DRC) for the development, delivery, commissioning and maintenance of the country's first earth observation satellite.
"This transaction highlights how our M&A and strategic projects capabilities support clients in highly technical and innovative sectors" said White & Case partner and Global Co-Head of the Mergers & Acquisitions Practice Thierry Bosly.
The agreement which was signed mid-June in Kinshasa with the DRC's Ministry of Higher Education, Universities, Scientific Research and Innovation, marks a significant milestone for both SPACEBEL and the Belgian space industry and will provide the DRC with sovereign earth observation capabilities to support environmental monitoring (such as forests, lakes, mountains, crops), natural resource management, scientific research and national development objectives.
"This project showcases Belgium's expertise in space technology", said White & Case counsel Eric Deltour, who co-led the Firm's deal team.
The White & Case team in Brussels advising on the transaction is led by local partner Geoffroy Fink and counsel Eric Deltour.
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