Sophia Space secures $300 million for 10-satellite edge-computing constellation as Elveo selects Apex for 320-satellite D2D netw
Two satellite ventures outlined major scale-up plans: Sophia Space and SLI agreed terms for a $300 million financing framework supporting a 10-satellite edge-computing constellation, while Elveo Mobile selected Apex Space to produce its 320-satellite direct-to-device network at a dedicated U.S. factory using Lynk intellectual property.