Indonesia completes $545M financing for Satria-1 Ka-band broadband satellite; ITU deadline extension expected

by Peter B. de Selding

PARIS — The Indonesian government secured $545 million in project financing for the 150-Gbps Satria-1 broadband satellite to be built by Thales Alenia Space and launched by SpaceX, in principle in early 2023.

The financing is comprised of $431 million loans and $114 million in equity. Participating in the loan was France’s Bpifrance export-credit agency, backed by Banco Santander, HSBC Continental Europe and the Korean Development Bank.

A commercial loan was secured from Korea . . .

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