(IN BRIEF) OQ Technology has secured €25 million in venture debt financing from the European Investment Bank under the InvestEU programme to expand its low-earth-orbit satellite communications technology. The funding will support research and development as well as the deployment … Read the full press release
Posted in Banks, European Union, Financial, France, Internet & Online, Investment, Luxembourg, News, Technology, Telecom
Tagged 5G NTN, Andrius Kubilius, direct to device connectivity, European Investment Bank, European Investment Bank Supports OQ Technology Expansion of Satellite Based 5G and IoT Connectivity Solutions, European space industry, InvestEU, LEO constellation, Lex Delles, low earth orbit satellites, Luxembourg space sector, NB-IoT, Omar Qaise, OQ Technology, OQ Technology Advances Sovereign European Satellite Network with €25 Million Venture Debt Financing, Robert de Groot, satellite communications, smartphone connectivity, sovereign space infrastructure, TechEU
(IN BRIEF) Vodafone and AST SpaceMobile are launching SatCo, a Luxembourg-based joint venture to deliver space-based cellular broadband directly to unmodified smartphones across Europe. With interest from operators in 21 EU countries and commercial roll-out starting in 2026, SatCo will … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Government, Industrial, Infrastructure & Utilities, Luxembourg, Management, Marketing, News, Technology, Telecom, United Kingdom
Tagged 120 Mbps peak speeds, 4G/5G integration, Abel Avellan, AST SpaceMobile, digital sovereignty, direct-to-device broadband, Elisabeth Margue, ground station network, LEO satellites, Lex Delles, Luxembourg headquarters, Margherita Della Valle, partnership, SATCO, satellite connectivity, seamless handover, University of Málaga research hub, Vodafone Group
(IN BRIEF) The EIB and the Luxembourg Space Agency (LSA) have partnered to enhance the use of satellite data in the financial sector, aiming to improve financial services’ sustainability and reporting. Through an R&D Pilot Programme, the collaboration will explore … Read the full press release
Posted in Aviation & Aerospace, Banks, European Union, Financial, Industrial, Investment
Tagged Earth observation, EIB, European Investment Bank, financial sector, financial transactions, INNOVATION, insurance, Investment Banking, Lex Delles, Luxembourg, Luxembourg Space Agency, R&D pilot programme, Robert de Groot, satellite data, satellite imagery, space for finance, space technologies, strategic autonomy, sustainable development
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