UK Export Finance
U.K. Export Finance, an agency with a long-standing interest in supporting satellite projects but with little to show for it until now, has signed a $325 million loan with Turkey to support two satellites Airbus is building under a 2017 contract.
The British government has emphatically endorsed its investment in the 22-nation European Space Agency and rejected a parliamentary proposal that its space budget be more evenly divided between ESA and a national program.
Britain’s export-credit agency may be the most attractive source of satellite project financing that almost none one has heard of or uses.