Horizon Technology Finance Provides $4 Million Venture Loan to Audacy Corporation

Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon") ("Company"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries, announced today it has closed a $4 million venture loan to Audacy Corporation ("Audacy").

Audacy Receives FCC License

Audacy Receives FCC License

Audacy

Audacy announced today that the U.S. Federal Communications Commission (FCC) has granted Audacy a license to operate the first commercial inter-satellite data relay network. Audacy will use the spectrum to provide real-time downlink, continuous monitoring, and always-on command services to customers’ LEO spacecraft.