Capital plan
Costed in phases, released against milestones.
Infrastructure of this kind fails when it is funded as one bet. SuperFile is financed as five sequential tranches, each released only when the previous phase has proven its commercial case.
Allocation
Where capital goes.
Weighting is deliberately software-heavy: the orbital tier is only funded once terrestrial revenue exists to justify it.
Platform engineering
34%
Cloud, identity, AI and the SpaceFile App — the layers that carry every other product.
Payments and licensing
18%
Regulatory permissions, partner banks, settlement integration and compliance operations.
Connect hardware
16%
Community Connectivity Box manufacture, logistics, installation and field support.
Orbital tier
22%
Hosted payloads, ground stations, mission control and space cybersecurity.
Go-to-market and governance
10%
Institutional sales, assurance, audit, insurance and programme governance.
Discipline
Capacity is bought before it is built, and scale only follows margin.
The full hosted-first strategy and launch cost curve are covered on the phases and economics pages — this plan holds every tranche to the same rule: no batch is funded until the last one paid for itself.
Tranches
What unlocks each release.
Milestones are external and verifiable — contracts signed, deployments live, receipts publicly checkable.
Tranche AFoundations
Sovereign cloud regions live, identity layer independently assured, first institutional contracts signed.
Tranche BRails
Licensed corridors operating, disbursement programme live with a named partner, receipt verification public.
Tranche CLast mile
First thousand connectivity boxes deployed and revenue-positive at the unit level.
Tranche DOrbital
Hosted ledger and inference nodes in service with contracted institutional throughput.
Tranche ESovereign capacity
Owned satellite and orbital compute capacity ordered against committed demand.
Figures on this page are indicative planning estimates.
They are provided to explain how the programme is sequenced and are not an offer of securities or investment advice.
Investor FAQ
Capital questions, answered.
What does the first tranche actually buy?
A repeat of the in-orbit signature on a partner satellite, two revenue-bearing ground corridors with licensed partners, and the security assurance work institutional buyers require. No launch is purchased in the first tranche.
What releases the next tranche?
Delivery milestones, not dates: signed institutional contracts, deployed Connectivity Boxes with paying sites, and a qualified hosted-payload module ready for integration.
Where could the plan be cheaper than shown?
If a hosted-payload partner accepts a software-only upload to hardware already in orbit, the entire first orbital milestone is achieved without buying a launch.
Is any of the capital contingent on a listing?
No. Any future public listing described on this site is proposed and would be conducted through regulated channels; the build plan is financed on contracted revenue and private capital.
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