Earth Imaging Journal: Remote Sensing, Satellite Images, Satellite Imagery
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BlackBridge Secures $22 Million for New Satellite Constellation

May 28, 2014

BlackBridge Secures $22 Million for New Satellite Constellation

Berlin, Germany, May 15, 2014—BlackBridge has secured $22 million (CDN) in funding from the Bank of Montreal (BMO) and the Business Development Bank of Canada (BDC) for the development of its next generation of satellites, RapidEye+, and for the renewal of existing credit facilities.  This financing will contribute to the development of a new satellite constellation