BREMEN, Germany —The European Investment Bank (EIB) is starting a debt facility designed to encourage loans to space technology companies, both startups and more-mature enterprises, and expects the 500-million euro ($579 million) Space Tech EU will mobilize 1.4 billion euros in investments.
Space Tech EU is intfinished to harness the expertise of EIB, the European Commission and the European Space Agency (ESA) to de-risk space projects, building them more palatable to European banks.
Announcing the Space Tech EU facility . . .
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