21-January-2020
InnovFin Space Equity Pilot
The European Commission and European Investment Bank Group join forces to boost space sector investment with EUR 200 million of financing:
– EUR 100 million contingent loan for the new Ariane 6 launcher programme, a European Space Agency programme with ArianeGroup as Industrial lead contractor and design authority
– First EUR 100 million venture capital programme under InnovFin to support innovation and growth of European smaller and medium-sized space technology companies