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European Investment Bank invests $325m for satellites lift off

The loan is the largest amount ever provided by the EIB to a Luxembourg-based company.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

January 16, 2023 | 2:06 AM GMT

European Investment Bank invests $325m for satellites lift off

EIB Vice-President Kris Peeters. Source: EIB

The European Investment Bank (EIB), the financing institution of the European Union, is investing  €300 million (US$325.54 million) into Luxembourg-based content delivery platform SES.

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João Marques Lima

Founder and Editor, The Tech Capital

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