Bpifrance is a French public investment bank that plays a key role in supporting the space industry through financing, investment, and advisory services. It focuses on promoting innovation, growth, and exports for French companies in the space sector, including startups developing nanosatellites and anti-drone systems. Bpifrance is involved in the "France 2030" investment plan, which allocates significant funds to space and seabed-related projects, and it partners with organizations like the Direction Générale de l'Armement to strengthen the French defense industry's supply chains.
All verified mentions of this organization in source documents.
Bpifrance acquired a stake in Outsight as part of the funding round and previously provided innovation funding in Outsight’s early development stages.
CLS and CNES invested in Kinéis’ 2020 funding round alongside French export-import bank Bpifrance and industrial partners Thales Group, cubesat builder Hemeria, and software engineering firm Celad.
Kinéis raised €100 million in equity in 2020 with shareholders including CLS (32%), CNES (26%), and Bpifrance (20%).
Indonesia secured $545,000,000 in funding for the SATRIA broadband satellite that is partly backed by Bpifrance.
The SPI fund, managed by Bpifrance and the European Investment Bank, participated in Kinéis’s 100,000,000 EUR funding round.
Globalstar completed a $1,100,000,000 constellation of 24 low Earth orbit satellites in 2013 using funds secured through French export credit agency BPI France.
Iridium borrowed $1,450,000,000 on 2019-11-04 and used that funding, along with cash, to repay $1,550,000,000 in export credit loans from Bpifrance Assurance Export.
Exotrail received a 1,550,000 EUR prize from BPIFrance for winning an Innovation Contest.
Iridium applied the $35,000,000 it received from Aireon directly to the $1,800,000,000 Iridium borrowed from the French export-credit agency Coface (now BPI France Assurance Export) to help finance Iridium Next.
Iridium reached an agreement with BPI France to raise new debt and delay payments owed to BPI-connected banks, allowing the company to defer bank payments originally due over the next two and a half years out to 2023 and 2024.
Of the $360,000,000 debt raise, $60,000,000 was allocated to Thales Alenia Space and $87,000,000 was deposited to a debt reserve account that is part of the BPI France Export Assurance credit facility used to finance Iridium Next.