Export-Import Bank of the United States Vice Chair Judith Pryor Highlights EXIM Satellite and Space Industry Support During World Satellite Business Week
Paris, France – Export-Import Bank of the United States (EXIM) First Vice President and Vice Chair Judith Pryor recently attended Euroconsult’s World Satellite Business Week where she participated in a fireside chat with CNBC reporter Michael Sheetz, and highlighted EXIM’s ongoing work to support U.S. space and satellite exports.
“It was a pleasure to be at this conference and discuss EXIM’s long history with the satellite and space industry, and our continued efforts to promote U.S. economic competitiveness in this important sector,” said EXIM First Vice President and Vice Chair Judith Pryor. “EXIM can play a key role in filling financing gaps for space-related projects. While we are excited by our robust space and satellite pipeline, we continue to seek out new projects to support U.S. exporters looking to make an impact in the industry.”
EXIM has been active in the space and satellite industry for decades. From 1965 to the present, EXIM has financed U.S. exports to satellite operators and national communications satellite programs for governments around the world. In the last decade alone, EXIM has authorized nearly $5 billion in financing across 22 transactions. These transactions have been estimated to support approximately 21,300 U.S. jobs.
While in Paris, Vice Chair Pryor also met with a number of U.S. companies as well as current and potential future borrowers.
The Export-Import Bank of the United States (EXIM) is the nation’s official export credit agency with the mission of supporting American jobs by facilitating U.S. exports. To advance American competitiveness and assist U.S. businesses as they compete for global sales, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. As an independent federal agency, EXIM contributes to U.S. economic growth by supporting tens of thousands of jobs in exporting businesses and their supply chains across the United States. Since 1992, EXIM has generated more than $9 billion for the U.S. Treasury for repayment of U.S. debt. Learn more at www.exim.gov.