European Investment Bank to space sector: We don’t fear risk

by Peter B. de Selding

With billions of euros in new funding backed by the European Union, the European Investment Bank is able to take on higher-risk projects such as new space technology development by hardware and service companies -- even smaller companies. The bank is now weighing several satellite broadband projects and is inviting the space sector in general to solicit bank support. Credit: European Investment Bank

BRUSSELS — The European Investment Bank is inviting both large and small space companies to apply for loans, saying the bank now has a much larger appetite for risk than it once had.

Bolstered by the multibillion-euro . . .

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