PMGC Holdings Inc. has acquired a stake in Orbit2Orbit, an Australian space logistics firm, as part of the company's broader strategy to expand its footprint in the commercial space economy.
PMGC's investment arm completed a subscription for shares in private Australian space company Orbit2Orbit, tied to Orbit2Orbit's planned CSE listing via reverse takeover. No investment amount, stake size or financial terms are disclosed, so the strategic benefit cannot be quantified; this is a routine portfolio announcement rather than a hard fact that changes ELAB's outlook.
PMGC Holdings Inc. announced on November 10, 2026, that its investment arm, PMGC Capital LLC, has completed a subscription for shares in Australian space technology company Orbit2Orbit. The investment coincides with Orbit2Orbit's private placement financing ahead of a proposed reverse takeover and listing on the Canadian Securities Exchange.
The announcement does not state the size of the investment or the stake acquired.
The article describes the deal as a strategic investment in a private space company and gives no revenue or profit figures, so no immediate earnings effect can be measured.