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22.12.25 - 14:06
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Starlab Closes Credit Facility (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Starlab Space LLC closed a credit facility led by Texas Capital. The company expects fundings drawn under the facility to support Starlab's continued progress across its development plan, including long-lead investments aligned with program needs, and for general working capital.
“Our credit facility strengthens our financial flexibility, providing disciplined access to capital as we advance the program on schedule,” said Marshall Smith, CEO of Starlab.
Effectiveness of the commitments and availability of funds under the credit facility are subject to the terms of the credit agreement.
About Starlab
Starlab Space is a U.S.-led, global joint venture among Voyager Technologies (NYSE: VOYG), Airbus, Mitsubishi Corporation, MDA Space, Palantir Technologies, and Space Applications Services, with strategic partners including Hilton, Journey, Northrop Grumman, and The Ohio State University. Starlab is developing a next-generation, AI-enabled commercial space station, aiming to ensu...
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22.12.25 - 12:54
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MPs question UK Palantir contracts after investigation reveals security concerns (The Guardian)
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Journalists find Swiss government rejected company over fears US intelligence might gain access to sensitive dataUK MPs have raised concerns about the government's contracts with Palantir after an investigation published in Switzerland highlighted allegations about the suitability and security of its products.The investigation by the Zurich-based research collective WAV and the Swiss online magazine Republik details Palantir's efforts, over the course of seven years, to sell its products to Swiss federal agencies. Continue reading......
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