Kinéis raises EUR100 million for nanosat constellation – Satellite News Digest

Kinéis said it has reached its capital-raising target of EUR100 million. CLS, CNES, Bpifrance via the fund for Industrial Project Companies (SPI), financed by the ‘Investments for the Future’ Programme and the European Investment Bank, Ifremer, Thales, CELAD, BNP Paribas Développement, HEMERIA and other industrial and financial partners are investing in and supporting Kinéis’ ambition to provide universal satellite connectivity, the company said.

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