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ReOrbit to Supply Two Small GEO Satellites to SLI in €150 Million Deal

SLI’s leasing model lowers upfront costs for operators seeking sovereign control of satellite capacity.

Overview

  • ReOrbit confirmed a contract to deliver two Ka-band, software-defined geostationary satellites to SLI valued at €150 million.
  • The first spacecraft is slated for delivery in 2029, with the second following four months later.
  • Each satellite weighs under 1,000 kilograms, is tailored to specific use cases, and is designed for a 10-year operational life.
  • SLI, the aerospace subsidiary of Libra Group, will offer the satellites through lease arrangements and has also ordered small GEOs from AscendArc.
  • ReOrbit cites a multi‑billion‑euro pipeline of prospective government deals and is scaling production, including converting a historic Helsinki car factory into a satellite facility.