Kingswood acquires Safran Passenger Innovations
December 10, 2025
Safran has entered into a definitive agreement with Kingswood Capital Management (Kingswood) for the sale of Safran Passenger Innovations (SPI), Safran’s in-flight entertainment and connectivity solutions division.
SPI generates approximately $460 million in revenue and employs around 740 people across three sites – two in the US and one in Germany.
Kingswood said it will leverage its capital base, operational network, and expertise to grow the business and help it develop new connected in-flight entertainment solutions, which have become a key element of passenger experience as the aviation industry continues to expand.
The transaction is subject to obtaining the applicable regulatory approvals and the customary conditions for this type of transaction. Completion of the transaction is expected by the end of the first quarter of 2026. Financial terms were not disclosed.
Other posts by :
- FCC examines SpaceX’s 15,000 sat-constellation plan
- EchoStar: “Severe uncertainty” led to spectrum sales
- Netflix gets downgrade on Warner Bros move
- UK trims Orbex investment
- Euro-bank sets up €500m space fund
- Revenue jump forecast for Eutelsat
- Moody’s upgrades Eutelsat’s debt rating
- Rivada Space Networks wins spectrum dispute