(IN BRIEF) Sener has been selected by the European Defence Agency to lead the VLEO-DEF project, a €15.65 million initiative aimed at developing Europe’s first defence satellite concept designed for very low Earth orbit. Funded by five EU member states … Read the full press release
Posted in Aviation & Aerospace, Defence, European Union, Government, Industrial, Infrastructure & Utilities, Investment, Management, Security & Safety, Spain, Technology
Tagged Airbus, defence satellite, Deimos, EDA, European Consortium, European Defence Agency, European defence strategy, Exotrail, GEOSAT, GOMspace, Indra, ISR intelligence surveillance reconnaissance, Luxembourg space sector, orbital technology, propulsion systems, satellite design, Satlantis, SENER, Sener and European Partners Advance Defence Space Innovation with €15.65 Million VLEO Satellite Development Project, Sener Leads European Consortium to Develop First Defence Satellite Concept for Very Low Earth Orbit Under EDA Programme, Skylabs, space technology, Thales Alenia, very low Earth orbit, VLEO DEF
(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
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