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ReOrbit Secures €150M Deal for Two Geostationary Satellites

3/20/2026

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Summary

Story summary

ReOrbit (the Finnish satellite manufacturer) has signed with SLI to deliver two small geostationary orbit satellites valued at 150 million euros ($172 million).
The first satellite is due in 2029, with the second following four months later.
Each satellite weighs under 1,000 kilograms and has a 10-year lifespan.
ReOrbit, experiencing interest from commercial operators, aims to scale production in a repurposed Helsinki factory.

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Story summary

ReOrbit (the Finnish satellite manufacturer) has signed with SLI to deliver two small geostationary orbit satellites valued at 150 million euros ($172 million).
The first satellite is due in 2029, with the second following four months later.
Each satellite weighs under 1,000 kilograms and has a 10-year lifespan.
ReOrbit, experiencing interest from commercial operators, aims to scale production in a repurposed Helsinki factory.