Home » News & Blogs » FIRST UP Satcom | Avio takes 10M euro loan • Iridium launches Certus  • NanoAvionics opens UK office
Bookmark and Share
Space News

FIRST UP Satcom | Avio takes 10M euro loan • Iridium launches Certus  • NanoAvionics opens UK office

16 Jan 2019, 19:28 UTC
FIRST UP Satcom | Avio takes 10M euro loan • Iridium launches Certus  • NanoAvionics opens UK office
(200 words excerpt, click title or image to see full post)

To receive FIRST UP Satcom, a weekly SpaceNews newsletter for satellite and telecom professionals, sign up here.
TOP STORIES
Italian rocket builder Avio is borrowing 10 million euros from the European Investment Bank. The funds will support new space propulsion technologies for Europe’s next-generation Vega C and Ariane 6 launchers, the company said. Avio is the prime contractor for Vega C, which will have the same first-stage booster as the Ariane 6 strap-on side boosters. Avio said the new loan will help the company expand its industrial capacity at its plant in Colleferro, Italy, to meet anticipated production volumes. The financing follows a 40-million-euro loan Avio received from the European Investment Bank in 2017, and has the same conditions, Avio said. [Avio]
Iridium has launched a new suite of connectivity products and services that use its new, $3 billion Iridium Next satellite constellation. Iridium’s Certus broadband service provides L-band connectivity for voice and data services, starting with maritime and land applications. Iridium Certus solutions for aviation are expected later this year. Iridium expects Certus revenue to reach approximately $100 million by the end of 2021. Satellite terminal manufacturers Cobham, Thales, Collins Aerospace, L3, Gogo and Satcom Direct are building Iridium ...

Latest Vodcast

Latest Podcast

Advertise PTTU

NASA Picture of the Day

Astronomy Picture of the Day

astronomy_pod