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Luxembourg’s SNCI commits €25m to public-private Planetary Resources JV

Connectivity BusinessbyConnectivity Business
June 13, 2016
in Uncategorized
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Luxembourg’s state-owned bank SNCI is set to make an equity investment in Planetary Resources as part of a wider MoU between the Grand Duchy and the US asteroid mining startup. A government official told SatelliteFinance the MoU would see Luxembourg make a €25m contribution to the newly-formed Planetary Resources Luxembourg’s activities over the next four years. Luxembourg’s state-owned bank SNCI is set to […]

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Tags: Deep Space IndustriesEuropeNorth AmericaPlanetary ResourcesPlanetary Resources LuxembourgPremiumSNCI
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