The Spacenews article I suggest everyone read . Looks like we will go the Series A, B, C equity funding rounds route. Each time at a higher equity value as the project gets derisked. then once you have customers signed (which is the MOST IMPORTANT THING) and equity in, its bankable and you can get debt at decent rates. The OHB convertible bond I would expect low single figure rate (with deferred interest) and a conversion at say a 2.0 to 3.0x equity exit. Customers already are very excited and integrating optical links already with several of them.
Original timeline, customer announcement was Q3/Q4. Bring it on but clearly its a fluid timeline. Market still attributes no value to Spacelink.
Ann: Pause in Trading, page-59
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