By January 24, 2020 Read More →

EIB details €100m funding in support of Ariane 6 programme

At the European Space Policy Conference, the European Investment Bank (EIB) confirmed a €200m loan for the Ariane 6 launcher programme, as part of broader €200m investments in partnership with the European Commission.

A statement from the European Commission said that the loan would support “an innovative financing structure which will be contingent on Ariane 6’s commercial success, once operational”.

The other half of the €200m funding will go towards InnovFin Space Equity programmes, supporting innovation and growth of companies in their pre-seed, seed and start-up phases. The programme will invest in projects or companies to drive the commercialisation of breakthrough innovations in space technologies.

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