Financing secured for Ovzon 3
Ovzon has secured financing for its first own satellite, Ovzon 3, through a loan arrangement led by Proventus Capital Partners. With financing in place, Ovzon will now move swiftly to have the satellite launched in 2021.This first satellite, manufactured for Ovzon by Space Solutions, part of Maxar, features multiple high-performance steerable beams to meet challenging communication requirements. In addition, the proprietary On-Board Processor developed by Ovzon enables new functionality such as single hop communication between very small terminals, reduced latency and more efficient use of