TXF spoke with Preslav Raykov, global head of trading at Eleen Marine about the importance of risk controls in the present geopolitical environment as well as strategies for aligning stakeholders across commodity supply chains.

Changing business models and technologies have made it harder for ECAs and commercial banks to support satellite launches. But the demand for satellite connectivity is strong, and new use cases are driving more activity.

TXF's commodities data suggests that 2025 is expected to see modest growth with bigger deals going to top borrowers, ongoing regional shifts, and continued trader dominance, despite a cautious and uncertain market mood.