An official with U.S. Export-Import Bank has confirmed that they are considering more than $5 billion in space industry funding proposals:

She did not identify any specific proposals that the bank was reviewing, other than there were “more than a handful” under consideration. In June, Declan Ganley, chief executive of Rivada Space Networks, said his company was seeking Ex-Im financing for its satellite constellation, which includes a $2.4 billion contract with satellite manufacturer Terran Orbital and several hundred million dollars more in launches from SpaceX.

The opportunities are vast, credit is certain to start loosening up soon, and now there is a much clearer picture of who can actually perform in this space. I think we’ll see explosive growth in 2024 and beyond.