Tavernier Tschanz with ClearSpace in its partnership deal with Omega
Omega, the manufacturer of the first watch worn on the Moon, has joined ClearSpace as first partner of ClearSpace’s upcoming space debris removal mission.
ClearSpace is developing technologies to capture and deorbit obsolete objects threatening space operations and provides in-orbit services to support institutions and commercial operators to accomplish their space sustainability. In 2020, ClearSpace signed a EUR 86 Million service contract with the European Space Agency (ESA) for the first space debris removal mission in 2025.
According to Omega CEO Raynald Aeschlimann, “The ClearSpace initiative is one of the most important, inspiring and exciting projects since the launch of the Apollo missions.” He called the partnership the “next logical step for a brand with a long history of space exploration and preservation of the Earth.”
Tavernier Tschanz led by partner Jacques Bonvin (corporate finance,m&a, private equity and venture capital, pictured) advised ClearSpace in this transaction.
