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Image header Agence Europe
Europe Daily Bulletin No. 13816
Contents Publication in full By article 29 / 34
NEWS BRIEFS / Space

satellite-to-smartphone connectivity - Luxembourg company OQ Technology to receive €25 million from InvestEU programme

25/02/2026 (Agence Europe)With the support of the European Commission, through the InvestEU programme, the European Investment Bank (EIB) will provide €25 million in venture debt financing to Luxembourg-based OQ Technology to support the development and expansion of its satellite connectivity network, the Commission announced on Wednesday 25 February. This funding will support the research, development and deployment of low-Earth-orbit satellite telecommunications technologies that...

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