RBC Signals recently entered into a partnership with Libra Group to provide equipment financing for our next 20+ ground stations.

Group's new aerospace subsidiary aims to accelerate projected $1 trillion space economy by leasing broad portfolio of space assets; acquires Arctic-based ground station and commits to building additional 20 ground stations around the world.NEW YORK, June 20, 2023 /PRNewswire/ -- Libra Group, a privately owned global business group whose subsidiaries own and operate assets in nearly 60 countries, has launched the world's first space leasing company dedicated to the full spectrum of space assets. Building on the Group's 20 years of aviation leasing experience, Space Leasing International (SLI) will own and lease assets critical to the space economy.Space Leasing International (SLI) aims to accelerate projected $1 trillion space economy by leasing broad portfolio of space assetsSLI's first investment includes the construction of a ground station in the geo-spatially critical Alaskan Arctic, which is vital for polar orbits that monitor climate change, for lease to Redmond, Washington-based operator 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.According to The Space Foundation, today's commercial space industry is experiencing rapid growth, with the space economy projected to exceed $1 trillion by 2040. The European Space Agency highlights that the space sector's development has positive ripple effects on many global industries, such as transport, renewable energy, agriculture, and urban development, and can aid in monitoring crops, erosion, and climate change mitigation. However, the space sector's growth can be limited by the high costs associated with creating and maintaining space assets and limited supply and access to space infrastructure.By applying Libra Group's proven leasing model used within its aviation and maritime subsidiaries, SLI is positioned to support and accelerate the space industry by bridging the divide between manufacturers and operators of space assets

Advised by Codajas Sports Kapital, Libra agreed to sell a 20% stake of its commercial rights for the next 50 years to Mubadala Capital for $940 million (4.75 billion reais).