The European Investment Bank (EIB) is the financial investment arm of the European Union. It provides financing and advisory support to empower European space companies, including SMEs and startups, helping them to thrive in a competitive global landscape. The EIB collaborates with organizations like the European Commission and the European Space Agency (ESA) to improve access to finance, encourage innovation, and stimulate the development of cutting-edge space technologies.
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The European Investment Bank is providing a €500 million lending facility to support ESA projects.
The Series A funding round was supported by Eurazeo, the European Innovation Council, the European Investment Bank, and the Luxembourg Future Fund II.
On 12 September, Cailabs announced it secured €57 million in funding, including €37 million from the European Investment Bank and €20 million from various investors.
In January, the European Investment Bank partnered with the European Commission and the European Space Agency to improve access to financing for space companies in the region.
The European Investment Bank is lending Sateliot €30 million to help the Spanish remote connectivity startup add 16 more nanosatellites to its low Earth orbit network before the end of 2025.
The European Investment Bank has approved about €2 billion in funding under SESI to date.
The European Commission, the European Space Agency, and the European Investment Bank signed a tripartite agreement on 2024-01-24 to streamline access to financing for the European space sector.
The European Investment Bank earmarked around 2,300,000,000 EUR for projects in Belgium in 2022 supporting sectors ranging from digital connectivity to health and education.
The European Investment Bank signed a Memorandum of Understanding with Belgian government officials on 2023-12-18 to develop Wallonia’s space industry.
The €20 million of equity funding combines with the €15 million venture debt provided by the European Investment Bank for Leaf Space.
GomSpace A/S has decided to request disbursement of tranche A amounting to EUR 5 million under its existing credit facility with the European Investment Bank.
GomSpace A/S entered a finance contract with the European Investment Bank on 2022-11-25 granting a credit facility of up to EUR 18 million for a research and development project relating to an enlarged satellite platform as part of GomSpace’s 2022 product investment program.
The €300 million loan is the largest amount ever provided by the European Investment Bank to a Luxembourg-based company.
The European Investment Bank and SES signed a €300 million seven-year term loan financing agreement.
The European Investment Bank is lending SES 300,000,000 EUR as part of efforts to increase the competitiveness of Europe’s space industry on 2023-01-11.
The European Investment Bank previously provided a 200 million-euro loan for Eutelsat’s Konnect VHTS broadband satellite.
The EIB loan to SES is the largest amount ever provided by the European Investment Bank to a Luxembourg-based company.
The 300 million-euro loan is the largest the European Investment Bank has provided to a Luxembourg-based company in its 65-year history.
The €300 million loan is the largest amount ever provided by the European Investment Bank to a Luxembourg-based company.
The European Investment Bank previously provided 100,000,000 EUR in financing for Europe’s Ariane 6 launch vehicle program.