SLI to Purchase Two AscendArc GEO Satellites Valued at Over $200 Million

SLI has signed heads of agreement for the purchase of two of AscendArc’s Ka-band satellites with a combined value of …
SLI to Purchase Two AscendArc GEO Satellites Valued at Over $200 Million

SLI has signed heads of agreement for the purchase of two of AscendArc’s Ka-band satellites with a combined value of over $200 million. This deal is part of a wider partnership that lets AscendArc offer its satellites on leasing terms instead of requiring an outright purchase.

As a result, through the SLI finance platform, satellite operators can access the latest technology as operating expenditure rather than capital expenditure

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Joshua Faleti
Kofoworola Joshua Faleti is the News Editor. He enjoys talking and learning about space and wants to talk about space to anyone who cares to listen. Joshua is interested in Space Law and Policy and how Space can positively impact human lives. Joshua is also a big music lover.
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