Luxembourg, Feb. 25 -- The European Investment Bank will provide €25 million venture debt financing to Luxembourg-based satellite connectivity provider OQ Technology. The financing, supported by the European Commission's InvestEU programme, will support the ongoing research and development of its low-earth-orbit (LEO) satellite telecommunications technology, in line with international mobile communication standards.OQ Technology is deploying a sovereign constellation of satellites to deliver affordable and reliable satellite connectivity to Europe and underserved regions around the world. In support of this, the EIB financing also funds the development and launch of over 20 software-defined, multi-band (S-band, C-band) satellites that...