Dechert Advises Safran Corporate Ventures and STAR Capital on Investment in SkyFive
Dechert LLP advised Safran Corporate Ventures together with STAR Capital, a European private equity fund manager, on their investment in SkyFive AG, a leading provider of high-speed broadband In-Flight Connectivity (IFC) services, as part of the company’s Series A investment round.
Safran Corporate Ventures is the venture capital arm of Safran, an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. SkyFive with its seat on the AIRBUS Campus in Taufkirchen/Munich provides true broadband connectivity services and technology to airlines and other aircraft operators in key aviation markets worldwide, based on its patented Air-To-Ground (A2G) solution that leverages standard mobile network components. The investment marks Safran Corporate Ventures' first investment in Germany.
The Munich-Paris based Dechert team advising Safran Corporate Ventures and STAR Capital included corporate partner Giovanni Russo, corporate associate Florian Leitsbach, and IP associate Louis de Chezelles.
Dechert is a leading global law firm with 23 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.