SLI bets on satellite leasing with $200 million commitment to AscendArc

TAMPA, Fla. — 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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