New Venture To Be Called Space Infrastructure Services (SIS)
SSL MDA Holdings has announced important milestones in its progress to bring transformational on-orbit satellite servicing to market. Space Infrastructure Services LLC (SIS), a new U.S. company, will commercialize sophisticated satellite servicing capabilities, including refueling. SIS will be majority owned by Finance Technology Leverage LLC (FTL), a global investment company headquartered in Silicon Valley, along with other U.S. investors, with SSL MDA Holdings maintaining a minority ownership share. Full financing for the venture is expected to conclude in the coming weeks.
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