Hogan Lovells advises CesiumAstro on US$200 million financing to expand Texas operations

Press releases | 06 March 2026

New York, Washington, D.C. 6 March 2026 – Global law firm Hogan Lovells has advised CesiumAstro Inc., a global leader in space and defense communications systems and satellites, as it secures a historic US$200 million financing package from the Export-Import Bank of the United States (EXIM), in partnership with J.P. Morgan.

This marks the largest financing ever completed under EXIM’s “Make More in America” (MMIA) Initiative and one of the most significant government-backed investments in U.S. space manufacturing.

The transaction represents an alignment of federal industrial policy, national security priorities, and private capital, signaling a commitment to build and scale critical space and defense technologies in the U.S. This investment will enable CesiumAstro to acquire a 270,000-square-foot facility in Texas for full-rate, domestic manufacturing at scale.

More details on the transaction can be found here.

The Hogan Lovells deal team was led by partners Rick Martinez (Banking & Loan Finance, New York), Nathan Cooper (Banking & Loan Finance, Washington, D.C.), and Karen Scanna (Real Estate, New York), counsel Brooke Shekhar (Banking & Loan Finance, Washington, D.C.), senior associate Gabriel Lara (Banking & Loan Finance, Washington, D.C.), and associate Lucia Cadavid Arango (Banking & Loan Finance, New York).