#SLI plans to buy two #AscendArc Ka-band #satellites worth over $200M, backing a leasing approach that reduces cost barriers for #GEO access and operator growth.

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SLI Significantly Advances Aerospace Financing with Agreement for Two AscendArc GEO Satellites SLI has entered an agreement to acquire two AscendArc GEO satellites valued at over $200 million, enhancing aerospace financing options.

SLI Significantly Advances Aerospace Financing with Agreement for Two AscendArc GEO Satellites #United_States #Washington #AscendArc #SLI #GEO_satellites

SLI bets on satellite leasing with $200 million commitment to AscendArc Asset-financing specialist SLI plans to buy two small GEO satellites from U.S. startup AscendArc in a deal valued at more than $200 million, betting that operators will increasingly choose to lease spacecraft rather than buy them outright. The post SLI bets on satellite leasing with $200 million commitment to AscendArc appeared first on SpaceNews.

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