Sophia Space Secures $300M SLI Lease Deal for Orbital Compute Fleet
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Pasadena – September 16, 2026 -- Sophia Space has entered a $300 million financing framework with aerospace leasing specialist SLI to fund a 10-satellite edge computing constellation, applying asset-leasing models long used in aviation and energy to orbital infrastructure for the first time.
SLI will purchase and lease 10 satellites under a fixed-payment structure
Under the non-binding letter of support, SLI will buy the satellites from Sophia and lease them to end-users on fixed monthly or quarterly payments, aligning the financing timeline with Sophia's build and deployment schedule. The arrangement supports purchase and deployment of 10 Sophia TILE spacecraft through a long-term operating lease spanning the satellites' expected useful lives, with mission launches planned as early as 2028.