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Top related persons:
EXIM - 2 Judith Pryor - 2 Pryor - 2 CNBC's Michael Sheetz - 1 SpaceX's Starlink - 1 Uninsurable - 1 hasn't - 1 Here's - 1
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U.S Paris The U.S United States
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SpaceX - 1 We're - 1 PARIS - 1 Import Bank - 1 China - 1

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☆ Investing in Space: Industry enters new era with tight funding and SpaceX dominance
  + stars: | 2023-09-14 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +5 min
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. BogeymanSpaceX feels a bit like Voldemort here: Whether it's the launch or satellite communications markets, SpaceX's dominance was a hot topic. While the company hasn't made any claims yet, the insurance market ramifications are looming. Because I think the one issue that creates dysfunction in this insurance market is … do you have enough volume to make up for this loss? … They're trying to figure out what 2024 is going to hold."
Persons: CNBC's Michael Sheetz, SpaceX's Starlink, Uninsurable, hasn't, Here's, they've, … They're, –, Jonathan Baliff, Henry Dubois, Adam Spice, EXIM, Judith Pryor, Pryor, there's Organizations: SpaceX, We're Locations: Paris, U.S
☆ U.S. export credit agency is working through $5 billion pipeline of space financing, vice chair says
  + stars: | 2023-09-11 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +1 min
PARIS – The U.S. export credit agency is working through a $5 billion pipeline of applications related to the space industry, as companies look to fund projects in orbit in a tighter capital market. The Export-Import Bank of the United States, or EXIM, is no stranger to financing space projects such as satellite and rocket products. EXIM generally sees more applications during tougher economic times, as the previous bulk of its financing for the space sector came between 2010 and 2015. EXIM has helped U.S. space companies win contracts for foreign entities, especially to give an extra edge when they are competing with China. The bank acts as an alternative lender to support U.S. companies and examines "each individual transaction on its own merits" rather than focus on specific areas of the space industry, Pryor said.
Persons: Judith Pryor, EXIM's, EXIM, Pryor Organizations: PARIS, Import Bank, China Locations: The U.S, United States, U.S
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