PMGC Holdings Inc. Announces Strategic Share Acquisition in Australian Space Technology Company Orbit2Orbit
Key Highlights
- ➤PMGC Capital completed a common-share subscription in Orbit2Orbit’s private placement.
- ➤Orbit2Orbit plans a Canadian Securities Exchange listing through a reverse takeover.
- ➤PMGC expands commercial-space exposure alongside its U.S. precision-manufacturing platform.
- ➤Orbit2Orbit is developing in-space logistics services and supporting hardware in Low Earth Orbit.
NEWPORT BEACH, Calif., Nov. 10, 2026 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. (NASDAQ: ELAB) (“PMGC” or the “Company”), a diversified public holding company, announces that PMGC Capital LLC, the Company’s investment arm, has completed a subscription for common shares in Orbit2Orbit Pty Ltd (“Orbit2Orbit”), an Australian space technology company developing in-space logistics and infrastructure. The investment was made as part of Orbit2Orbit’s private placement financing in connection with its proposed listing on the Canadian Securities Exchange through a reverse takeover (“RTO”) transaction.
As commercial space activities continue to expand, the demand for innovative in-space logistics and infrastructure solutions is creating new opportunities across the sector. PMGC Capital LLC’s investment in Orbit2Orbit reflects the Company’s interest in emerging space technologies and its strategy of pursuing strategic investments in innovative businesses with long-term growth potential.
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