SLI and AscendArc agree on 200 million GEO satellite leasing framework

Aerospace asset finance firm SLI has signed heads of agreement to acquire two of AscendArc's next-generation Ka-band geostationary satellites, in a transaction valued at more than $200 million. The framework sits within a wider partnership that allows AscendArc to make its GEO spacecraft available on leasing terms instead of requiring customers to fund an outright purchase.

Through SLI's finance platform, satellite operators can classify access to these satellites as operating expenditure rather than capital expenditure while securing current-generation GEO communications capability. The partners present the structure as a way to reduce financial barriers for organizations seeking dedicated geostationary capacity and

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