1 September 2025 – Thaicom announced that its subsidiary, Space Tech Innovation Company Limited or STI has successfully signed a USD 184 million ECA supported export credit facility with Deutsche Bank and Standard Chartered Bank for the THAICOM 10 Satellite. Under the agreement, Deutsche Bank and Standard Chartered Bank will provide STI with a 14 year USD 184 million loan for the financing of its commercial contract with Airbus Defense & Space of France for the manufacturing of a 120 Gbps SD-HTS Satellite. The export credit facility will benefit from the support of the French Export Credit Agency (“ECA”), Bpifrance Assurance Export. This strategic collaboration aims to enhance Thaicom’s capabilities for its new satellite project, especially THAICOM 10 Satellite, the upcoming, new generation software defined high throughput satellite (SD-HTS), built by Airbus Defense & Space of France, a European leader in defense and security and one of the world’s leading space businesses. The satellite will operate at the 119.5 degrees East orbital slot and plans to be launched on SpaceX’s Falcon 9 rocket from Florida, USA in 2027. Read more