US ExIm Bank to space sector: We’ve substantially widened project criteria; no need to have export contract in hand

by Peter B. de Selding

UPDATE Feb. 9: This story has been updated to include a statement from Rivada Space Networks on the status of its system development.

LA PLATA, Maryland — The U.S. Export-Import Bank has widened its mandate to include financing U.S. manufacturing facilities so long as the company intends to look for export business.

Judith Pryor, ExIm’s first vice president and vice chair, said the policy change was a “paradigm” shift for the agency that has direct application to space technology providers whose products have export potential.

“For the first time, we can . . .

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