Inmarsat and EIB sign finance agreement

Alphasat, a joint project by ESA, the French space agency CNES and Inmarsat, has received up to €225 million of finance from the EU’s Risk-sharing Finance Facility (RSSF) through an agreement signed on 22 April in Brussels.

Front (from left): Inmarsat Chief Operating Officer, Perry Melton, and European Investment Bank (EIB) President, Philippe Maystadt. Rear (from left): ESA Director of Telecommunications and Integrated Applications, Magali Vaissiere, and European Research, Innovation and Science Commissioner, Máire Geoghegan-Quinn.