Funding

Sophia Space and SLI Secured $300 Million in Financing

Sep 14, 2026 | By Devin Jacobs

SUMMARY

Sophia Space and SLI secured a $300M financing deal.
The funding will support a 10-satellite edge computing network.
Sophia Space builds AI-powered space and satellite technology.

Sophia Space and SLI, have secured a $300 million financing framework to develop a 10-satellite edge computing constellation.

The partnership combines Sophia Spaces satellite manufacturing expertise with SLI’s experience in aerospace leasing.

The project will focus on processing data closer to where it is generated supporting applications that require faster data processing and lower delays.

Funding Snapshot

Metric	Details
Financing Amount	$300 million
Financing Type	Financing framework
Project	10-satellite edge-computing constellation
Company	Sophia Space and SLI
Sector	Space Technology / Edge Computing
Valuation	Not disclosed

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About Sophia Space

Founded in 2025, by Robert DeMillo, Brian Monnin, and Leon Alkalai, Sophia Space develops AI powered technologies and infrastructure for the emerging space economy. The company combines artificial intelligence, autonomous systems, and aerospace innovation.

SLI bring's experience in aerospace leasing to the partnership, while Sophia Space contributes it's satellite manufacturing expertise.

Core areas include:

Satellite manufacturing
Edge computing
Artificial intelligence (AI)
Autonomous systems
Aerospace infrastructure

Core Technologies / Products / Services

Capability/Product	Application/Use Case
Edge Computing	Processes data closer to where it is generated
Satellite Constellation	Provides space-based computing infrastructure
AI Technologies	Supports intelligent space and Earth-based operations
Autonomous Systems	Enables future autonomous applications
Real-Time Data Processing	Supports applications requiring faster response times

Leadership Comments

"Asset financing didn't invent aviation or shipping, but it accelerated them at scale," said Rob DeMillo, CEO, and Co-founder of Sophia Space. "We're doing the same for orbital computing. This approach with SLI signals that Sophia Spaces space infrastructure is mature enough to attract the capital structures that have historically built terrestrial infrastructure."

"Lowering barriers to entry unlocks markets," explained Praveen Vetrivel, Chief Executive Officer at SLI. Sophia has the technology, the team, and the vision. What had been missing was access to scalable, non dilutive capital. This framework provides it giving them the capacity and flexibility they need to build the next layer of digital infrastructure."