EIB €25m venture debt to OQ Technology
LEO direct-to-device R&D and more than 20 multi-band satellites for IoT and smartphone connectivity
Key terms
- Borrower or issuer
- OQ Technology
- Date
- 25 Feb 2026
- Type
- Government finance
- Amount
- €25m (US$29m)
Recorded terms
- Structure
- Venture debt backed by InvestEU
- Lenders and arrangers
- European Investment Bank
- Country
- Luxembourg
Parties
- OQ Technology borrower or issuer
- Public lenders and funders: European Investment Bank
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 7 Apr 2026 | EIB €30m venture loan to PLD Space | Government finance | €30m |
| 10 Dec 2025 | EIB €20m venture debt to ECAPS | Government finance | €20m |
| 23 Sep 2025 | EIB €37.5m venture loan to Aerospacelab | Government finance | €37.5m |
| 23 Dec 2024 | EIB €150m loans to SES (2024) | Government finance | €150m |
| 16 Dec 2024 | IRIS² concession contract (SpaceRISE) | Government finance | €10.6bn |
Sources
- European financing for satellite-to-smartphone pioneer OQ Technology eib.org · 25 Feb 2026
About this record
Record ORB-2026-0015, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.
