EXCLUSIVE: PowerBank Eyes $700 Billion Space Market With Orbital Cloud Initiative

Core Insights - PowerBank Corporation has announced a partnership with Orbit AI to launch a space initiative called the Orbital Cloud, integrating advanced technologies for a new digital infrastructure in orbit [1][2] Investment Details - PowerBank plans to invest an initial $50,000 in Orbit AI, with an option to increase this to $1 million for a 2% equity stake, and potentially up to $10 million for a 20% equity stake, pending approval [3] - The transaction is expected to be finalized before the DeStarlink Genesis-1 launch, scheduled for December 2025 [3] Project Timeline - The Genesis-1 launch is planned for Q4 2025, with expansion to 5-8 orbital nodes in 2026, full constellation rollout and commercialization of Orbital Cloud in 2027-2028, and achieving autonomous large-scale orbital operations by 2030 [4] Partnership Contributions - PowerBank will provide advanced solar energy systems and adaptive thermal controls to support the satellite's future "Execution Layer," aligning with its strategy for clean power in digital asset and data center infrastructure [5] Market Growth Potential - The combined markets for orbital satellites, in-orbit data centers, blockchain verification, and solar-powered digital infrastructure are projected to exceed $700 billion over the next decade [5] - The orbital infrastructure market is expected to grow to $21.3 billion by 2029, up from $13.5 billion in 2024, with a CAGR of approximately 9.6% [6] - The global satellite market is projected to expand to $615 billion by 2032 [6] - In-orbit data centers are expected to grow from $1.77 billion in 2029 to $39.1 billion by 2035, while satellite data services are projected to increase from $12.16 billion in 2024 to $55.24 billion by 2034, with a CAGR of approximately 16.3% [7]