George Logothetis-led Libra Group has launched a new division. Libra, which runs Lomar Shipping, has unveiled the world’s first space leasing company. Building on Libra’s 20 years of aviation leasing experience, Space Leasing International (SLI) will own and lease assets critical to the space economy.
SLI’s first investment includes the construction of a ground station in the Alaskan Arctic for lease to RBC Signals. SLI has also committed to acquire or build an additional 20 ground stations around the world within the next three years, which will also be leased to RBC Signals as part of an ongoing business partnership. In the near future, SLI’s diversified portfolio of space assets will also expand to large and small assets critical to the space economy, including satellites, spaceports, and other space infrastructure.
Logothetis, Libra’s executive chairman, said, “SLI is helping to democratise the space economy by investing in building and maintaining a portfolio of space assets that will spark paradigm-shifting technologies and help to test and create market access at scale.
Libra’s maritime subsidiary, Lomar, has completed close to $2bn of vessel sales since 2020 it was revealed this month.
