Mmastodon WorldEU Politics first seen 4 d ago, last 4 d ago, peak #1
New EU and German loan scheme for space companies
Original: Millionenkredite für Raumfahrtfirmen in Deutschland und EU Lange Entwicklungszeiten und schwer kalkulierbare Erträge mac
Germany and the EU are launching a project offering millions in loans to space companies. Start-ups in the sector have long struggled to secure financing, since space ventures require lengthy development periods and revenues that are hard to predict. The new credit programme is meant to close that funding gap and support Europe's space industry.
Why now: European space start-ups' chronic financing difficulties are being addressed with a new public loan initiative.
European UnionGermanyspace companies
Evidence
- Millionenkredite für Raumfahrtfirmen in Deutschland und EU Lange Entwicklungszeiten und schwer kalkulierbare Erträge machen Raumfahrtfirmen die Finanzierung oft schwer. Ein neues Projekt soll das ändern. https://www. heise.de/news/Millionenkredite… · heiseonline@social.heise.de · 8
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