The European Investment Bank (EIB) is providing Belgian satellite manufacturer Aerospacelab with €37.5 million in financing to support the company’s research and development and to reinforce the European Union’s strategic autonomy in space technologies. For Aerospacelab the financing is part of their recently announced Series B funding round. The operation is backed by InvestEU, the EU’s flagship programme to mobilise over €372 billion in additional investment from 2021 to 2027.
The European Investment Bank (EIB) has provided €250 million in financing to Nexans, a global leader in cable system design, manufacturing and associated services. The loan will back Nexans’ research, development and innovation programmes for 2024-2029, together with some industrial investments.
A very high percentage of Belgian firms (90%) reported having adopted digital technologies, the second highest percentage of all EU-countries and far above the bloc’s average, according to the European Investment Bank (EIB) Group Investment Survey country results released today. The survey results for Belgium also show that Belgian businesses are far ahead in using Internet of Things (IoT) in their firms. In this field Belgium is far ahead of other EU countries, with an adoption rate of around 65%.
