InfraOrbitThe capital behind space.
Government finance · 30 Nov 2022

EIB €18m venture loan to GomSpace

R&D for an enlarged nanosatellite platform and high-frequency telecom payloads

Key terms

Borrower or issuer
GomSpace
Date
30 Nov 2022
Type
Government finance
Amount
€18m (US$19m)

Recorded terms

Structure
Venture debt financing agreement of up to €18m
Lenders and arrangers
European Investment Bank
Country
Denmark

Parties

Similar financings

DateFinancingTypeAmount
16 Dec 2022EIB €300m loan to SESGovernment finance€300m
26 Aug 2021EIB €10m venture loan to EnduroSatGovernment finance€10m
13 Sep 2024Telesat Lightspeed government loans (Canada and Quebec)Government financeC$2.54bn
3 Dec 2020EIB €20m venture loan to Spire GlobalGovernment finance€20m
4 Dec 2024EIB €30m loan to SateliotGovernment finance€30m

Sources

  1. EIB finances GomSpace with EUR 18 million eib.org · 30 Nov 2022

About this record

Record ORB-2022-0007, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.

Read the structure

Government and EU money comes as loans, guarantees or grants tied to a policy aim, with conditions on use of proceeds and reporting.

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