PowerBank Announces Launch of the First Satellite in the "Orbital Cloud" Project with Smartlink AI

Core Insights - The successful launch of the DeStarlink Genesis-1 satellite by Orbit AI marks a significant step towards establishing a decentralized low-Earth orbit network for global connectivity and AI data processing [2][5][7] - PowerBank Corporation is collaborating with Orbit AI to develop solar-powered solutions for the digital economy, focusing on advanced solar modules and thermal control technologies essential for future satellite operations [4][5][7] Industry Overview - The global satellite market is projected to reach USD 615 billion by 2032, with additional opportunities in orbital infrastructure, in-orbit data centers, and satellite data services amounting to a combined market potential of USD 115.64 billion over the next decade [3] - The Orbital Cloud initiative aims to provide sovereign, censorship-resistant connectivity and in-orbit compute services, leveraging solar energy for continuous operation [2][4][7] Company Developments - PowerBank's contributions will include advanced solar energy systems and adaptive thermal control solutions, reflecting a strategic shift towards digital asset and data center infrastructure [5][7] - The collaboration with Orbit AI is part of PowerBank's broader strategy to expand into high-growth digital infrastructure markets, with plans for further satellite deployments anticipated between 2026 and 2030 [6][7]