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Sophia Space and SLI Set Terms for $300 Million Asset Financing for 10-Satellite High-Performance Edge Computing Constellation

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SLI’s asset financing model, proven across other asset classes, such as transportation and energy, now accelerates deployment of orbital infrastructure

PASADENA, Calif., Sept. 14, 2026 /PRNewswire/ — Sophia Space today announced a $300 million financing framework with aerospace leasing specialist, SLI, for a planned 10-satellite high-performance edge computing constellation, bringing proven financing models used to scale aviation, energy, maritime, rail, and telecommunications, into this next phase of orbital computing. Under the arrangement, SLI will purchase the satellites from Sophia and lease them to the end-users on the basis of fixed monthly or quarterly payments.

Once deployed, the constellation would deliver aggregate computing capacity equivalent to 240 state-of-the-art edge servers, while allowing Sophia to preserve equity capital for technology development and operations.

The collaboration also reflects a long-term commitment between the two companies to develop the financing structures and deployment playbook that orbital compute infrastructure will require to move from the laboratory to low Earth orbit.

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

The financing structure, outlined in a non-binding letter of support, aligns SLI’s financing with Sophia’s build and deployment schedule, supporting the purchase and deployment of 10 Sophia TILE spacecraft through a long-term operating lease. Mission launches are scheduled for as early as 2028.

The constellation is designed to deliver in-orbit edge data services for applications including Earth observation, weather analytics, supply-chain management, and disaster preparedness, while also addressing growing demand for intelligence, surveillance, and reconnaissance (ISR) and other mission-critical security applications.

“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.”

The long-term lease is designed to span the satellites’ expected useful lives, matching capital deployment with the revenue-generating life of the assets. The approach provides Sophia with a predictable financing structure for scaling its orbital infrastructure without relying exclusively on equity capital.

SLI is the aerospace subsidiary of Libra Group, which brings more than $15 billion in asset financing experience in the transportation industries to the space economy.

About Sophia Space Inc.
Sophia Space is building the future of orbital computing and in-space data centers. Its modular TILE technology enables passive computing alongside in-situ data processing, AI acceleration, and edge computing for satellites, defense systems, and commercial space stations, dramatically reducing latency and delivering actionable insights where and when they are needed. Learn more at www.sophia.space

About SLI
SLI was established by Libra Group in 2023 to address the capital needs of the rapidly growing aerospace industry by providing flexible, innovative asset-financing solutions with an initial focus on satellites, ground stations and frontier aviation assets, such as zero-emission electric aircraft. Leveraging Libra Group companies’ decades of experience owning and leasing high-value, mission-critical assets around the world across aviation, maritime, and renewable energy, SLI seeks to bridge the gap between capital availability and asset deployment, accelerating the creation of an integrated aerospace economy. www.sliaerospace.com

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SOURCE Sophia Space

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Trina Storage and AMP-lify Sign MoU for 1 GWh of Grid-Connected Battery Storage Projects in Japan

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CHUZHOU, China, Sept. 14, 2026 /PRNewswire/ — Trina Storage, the energy storage business unit of Trinasolar, has signed a Memorandum of Understanding (MoU) with AMP-lify, a Japanese clean energy platform, to supply approximately 1 GWh of grid-connected battery energy storage system (BESS) equipment for AMP-lify’s projects. AMP-lify develops, constructs and operates grid-connected BESS, utility-scale solar, and onshore wind projects across Japan.

Under the MoU, Trina Storage will supply its Elementa 3 series BESS and provide related technical support for approximately 1 GWh of AMP-lify’s BESS projects. Trina Storage’s Japan team will support system configuration, technical consultation, delivery coordination and after-sales service.

Trina Storage’s Elementa 3 is equipped with Trina Storage in-house 587Ah high-capacity cell, providing up to 6.25 MWh per container for larger utility-scale sites. For projects affected by transport access, limited land or proximity to communities, the 1.56 MWh Elementa 3 Flex offers an approximately five-square-metre footprint, a weight of about 13 tonnes for standard-truck transport, operating noise of 65 dB or less and modular expansion.

Japan’s Seventh Strategic Energy Plan projects renewable energy at approximately 40–50% of power generation in fiscal year 2040 and calls for storage batteries to help balance renewable output. As variable renewable generation increases, developers need storage projects that combine appropriate system design with local execution and long-term support. Trina Storage’s BESS technology and Japan-based support are backed by its recognition as a BloombergNEF Tier 1 energy storage supplier for 11 consecutive quarters.

“Japan’s storage market needs projects that are technically sound and executable under local conditions. Working with Trina Storage’s technology and local support gives us a strong basis to move the projects from site evaluation through construction and into reliable operation,” said Martin Stein, Representative Director and CEO of AMP-lify.

“Japan’s storage market has distinct engineering and delivery requirements. Road weight limits and narrow site access affect transport, while mountainous terrain, limited land, community noise expectations, seismic design and coastal conditions influence system configuration. This MoU allows us to address those factors with AMP-lify from the earliest stages of development. By combining its local execution capabilities with our Elementa 3 portfolio and Japan-based technical support, we can configure each project around its site requirements while building toward the scale envisaged under this cooperation,” said Dr Leo Zhao, Head of Energy Storage, Trinasolar Asia Pacific.

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SOURCE Trina Solar Energy Development Pte. Ltd.

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Solidion Technology Announces Stock Buyback Program

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Board Authorization Reflects Confidence in Solidion’s Long-Term Strategy and Commitment to Enhancing Shareholder Value

DALLAS, Sept. 14, 2026 /PRNewswire/ — Solidion Technology, Inc. (NASDAQ: STI) (“Solidion Technology” or “the Company”), an advanced battery technology solutions provider, today announced that its Board of Directors (“the Board”) has authorized a new stock buyback program, pursuant to which the Company intended to buyback up to $1.0 Million of the Company’s outstanding common stock.

The stock buyback program became effective on September 13, 2026 and will remain in effect until (i) the date on which the full amount authorized has been repurchased, (ii) March 14, 2028 or (iii) the date on which the authorization is terminated by the Board.

The authorization reflects the Board’s confidence in Solidion’s long-term strategy and provides the Company with additional flexibility in its approach to capital allocation. Solidion believes that the buybacks may represent an attractive use of capital while supporting the Company’s broader objective of creating long-term value for stockholders. Open-market repurchases are expected to be conducted in accordance with applicable federal securities laws, as well as applicable Nasdaq requirements and state law.

“The Board’s authorization of this stock buyback program reflects our confidence in Solidion’s long-term prospects and our commitment to disciplined capital allocation,” said Jaymes Winters, Chief Executive Officer of Solidion Technology. “We believe that our technology, intellectual property and strategic position provide a strong foundation for future growth. This program gives us the flexibility to act when we believe market conditions present an attractive opportunity to invest in Solidion and enhance long-term value for our stockholders.”

About Solidion Technology, Inc.

Headquartered in Dallas, Texas with pilot production facilities in Dayton, Ohio, Solidion’s (NASDAQ: STI) core business includes manufacturing of battery materials and components, as well as development and production of next-generation batteries for energy storage systems, including UPS systems serving the artificial intelligence (AI) data center market and electric vehicles for ground, aerospace, and sea transportation. Solidion holds a portfolio of over 385 patents, covering innovations such as high-capacity, silane gas free and graphene-enabled silicon anodes, biomass-based graphite, advanced lithium-sulfur and lithium-metal technologies.

For more information, please visit www.solidiontech.com or contact Investor Relations.

Forward-Looking Statements 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Solidion Technology Inc., (NASDAQ: STI) (the “Company,” “Solidion,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

Please follow us on:

LinkedIn: https://www.linkedin.com/company/solidion-tech
X: https://x.com/solidiontech?lang=en 

SOURCE Solidion Technology, Inc.

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‘Travel China with the Spring Festival Gala’ new season captivates audiences with fresh take on urban cultural tourism

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YIBIN, China, Sept. 13, 2026 /PRNewswire/ — “Travel China with the Spring Festival Gala” invites viewers to step into mountains and seas and discover that each city holds a thousand years of history. It is an urban cultural tourism reality show heavily invested in by China Media Group, and its new 2026 season is currently airing. With Spring Festival Gala branch venue cities as its coordinates, the show transforms each city’s geographical texture, cultural heritage and modern development into accessible and engaging variety content through live-action competitive games and immersive cultural exploration, making “traveling with the Spring Festival Gala” a new paradigm for cultural tourism integration.

The first stop, Yiwu, showcased the open vitality of the “world’s supermarket” through cross-cultural interaction and received widespread praise from audiences. The following chapter, Yibin, built on the unique status of “the first city on the Yangtze River,” integrating the three cultural genes of tea, liquor and bamboo with contemporary themes such as new energy and ecological governance. The entire city became a moving live-action arena, translating Yibin’s landscape, culture and industrial ambitions into lighthearted variety language. Audiences can see the cultural lineage in the charm of tea, liquor and bamboo, feel the city’s new vitality in Yibin’s smart manufacturing including power batteries, and understand, amid laughter, the enterprising pulse of this river city as it inherits the past and inspires the future.

“Travel China with the Spring Festival Gala” comes from the Spring Festival Gala stage, transforming one-way city introductions into flowing, two-way co-creation. Rooted in the Spring Festival Gala IP, it has made a city popular and allowed more people to see China’s diverse charm. Stay tuned for the next stop and more discoveries.

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SOURCE Travel China with the Spring Festival Gala

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