UK-based maritime satellite communications company Inmarsat has ended its financial support of a project backed by Prince Andrew.
The UK's Duke of York has been embroiled in controversy over his friendship with convicted US sex offender Jeffrey Epstein following a TV interview with the BBC this month.
Inmarsat was involved with Andrew's start-up scheme Pitch@Palace.
"We can confirm recent media reports that Inmarsat had previously advised Pitch@Palace that it was ending its support," the company told TradeWinds.
"We are making no statements beyond this."
Shipping lender Standard Chartered also said it was ending financial support.
A spokesman told City AM: “We won’t be renewing the sponsorship when it ends in February.”
Financier Epstein died in jail in August.
