EIB Global Loan Boosts SES’s O3b mPOWER Satellite Network to Enhance Connectivity and Bridge the Digital Divide

The global arm of the European Investment Bank, EIB Global, signed a loan agreement of €125 million with the provider of SES satellite connectivity solutions for three satellites of its second-generation O3b mPOWER medium-Earth orbit (MEO) system. The loan will allow SES to offer better broadband connectivity through its MEO system, reaching remote and underserved areas. It will also help close the digital divide between urban and rural areas an…

EIB Global lends €125 million to finance SES’s medium earth orbit satellites | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources EIB Global lends €125 million to finance SES’s medium earth orbit sa

EIB Global loan will partially fund SES’s continued O3b mPOWER medium earth orbit fleet expansion, enabling additional capacity worldwide. The O3b mPOWER satellite network aims to bridge the urban-rural digital divide, supporting objectives of the EU’s Global Gateway initiative and the EU Space Programme 2021-2027. The European Investment Bank’s global arm, EIB Global, has signed a €125 million loan agreement with SES, a provider of satellite-en…

EIB Global signs $130m loan deal with SES for O3b mPOWER - SatellitePro ME

The European Investment Bank’s global arm, EIB Global, has signed a €125m ($130.16m)loan agreement with SES, a provider of satellite-enabled content and connectivity solutions. The loan will support the deployment of three satellites as part of SES’s second-generation medium earth orbit (MEO) O3b mPOWER system. To date, SES has launched eight of the 13 planned O3b mPOWER satellites, which operate 8,000 km from Earth. The funding will enable SES …

Forrester’s Digest: SES borrows €125m for O3b – SatNews

The European Investment Bank’s global arm, EIB Global, has signed a €125 million loan agreement with satellite operator SES to fund three satellites of its second-generation medium Earth orbit (MEO) system O3b mPOWER. SES has already launched eight of 13 O3b mPOWER satellites, which operate 8,000 kms away from the Earth, delivering high throughput and flexibility. SES says the loan will enable SES to provide enhanced broadband connectivity throu…

EIB Global Loan Boosts SES’s O3b mPOWER Satellite Network to Enhance Connectivity and Bridge the Digital Divide

EIB Global Loan Boosts SES’s O3b mPOWER Satellite Network to Enhance Connectivity and Bridge the Digital Divide (IN BRIEF) SES has secured a €125 million loan from EIB Global to expand its O3b mPOWER satellite network with three additional satellites. The loan will support the network’s efforts to provide high-performance broadband to underserved regions, particularly in Africa, Asia, and Latin America. SES has already launched eight of the plan…

EIB Global lends €125 million to finance SES’s medium earth orbit satellites

The European Investment Bank’s global arm, EIB Global, has signed a €125 million loan agreement with SES, a provider of satellite-enabled content and connectivity solutions, for three satellites of its second-generation medium earth orbit (MEO) system O3b mPOWER. SES has already launched eight of 13 O3b mPOWER satellites, which operate 8 000 km away from the Earth, delivering high throughput and flexibility. The loan will enable SES to provide e…