What is This Deal?
Under EXIM’s Make More in America Initiative, this financing supports CesiumAstro Inc., a U.S. small business at the forefront of advanced satellite communications. The $185 million direct loan enables the company to purchase and upgrade a new manufacturing facility in Austin, Texas, expand production capacity, and acquire critical equipment to accelerate the build‑out of next‑generation satellite payloads and terminals.
What is This Supporting?
This financing powers a major expansion of CesiumAstro's manufacturing capacity—allowing the company to scale production, modernize operations, and meet rising global demand for high-reliability satellite systems. The project strengthens America's leadership in space-based communications by ensuring these advanced technologies are designed, built, and delivered on U.S. soil.
How Does This Support EXIM’s Mission and Priorities?
This transaction advances EXIM's mission to revitalize American manufacturing, secure critical supply chains, and strengthen U.S. competitiveness in strategic sectors. It directly supports our charter mandates—backing small business growth, advancing national and economic security, and financing transformational exports. This is exactly the kind of deal EXIM's Make More in America Initiative was designed to support.
How Does This Affect Americans?
This project delivers direct, tangible benefits to American workers, families, and communities. By enabling the creation of roughly 400 high‑quality manufacturing jobs—along with hundreds of additional construction and supporting roles—this investment strengthens the economic backbone of Austin and the broader U.S. space and technology workforce. It ensures that the technologies shaping the future of global communications are built by American hands, supported by American innovation, and anchored in American communities.
How Does This Deal Put America First?
This deal puts America first by ensuring that critical satellite technologies are designed, manufactured, and deployed from within the United States, rather than outsourced to strategic competitors. It reinforces domestic supply chains, returns high‑value production to U.S. soil, and strengthens America’s advantage in sectors where global competition—especially from China—is accelerating. By backing a U.S. small business operating in a transformational industry, EXIM is advancing President Trump’s agenda to rebuild American industry, restore national economic security, and secure U.S. leadership in the technologies of the future.