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PowerBank Announces Launch of the First Satellite in the "Orbital Cloud" Project with Smartlink AI
Prnewswire· 2025-12-11 12:07
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]
PowerBank and Smartlink AI ("Orbit AI") to Launch the First "Orbital Cloud" for AI Infrastructure into Space
Prnewswire· 2025-11-19 12:30
Core Insights - PowerBank Corporation is collaborating with Orbit AI to launch the Orbital Cloud, a space initiative that integrates solar energy with satellite technology for advanced digital infrastructure in low-Earth orbit (LEO) [1][2][3] Strategic Vision - Orbit AI is developing DeStarlink, a decentralized low-Earth orbit network, and DeStarAI, a suite of solar-powered orbital AI data centers, forming a unified infrastructure for global connectivity and in-orbit compute services [3][4] - 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 [4][6] Market Opportunity - The Orbital Cloud project intersects multiple rapidly expanding markets, representing a potential growth opportunity of over $700 billion driven by AI, blockchain, renewable energy, and digital sovereignty demands [9][12] - The global satellite market is projected to reach USD $615 billion by 2032, with in-orbit data centers expected to grow from USD $1.77 billion in 2029 to USD $39.1 billion by 2035 [6][12] Investment and Financial Overview - PowerBank plans to make an initial investment of USD $50,000 in Orbit AI, with an option to invest up to USD $10 million for a 20% equity stake, contingent on final agreement terms [9] - The company has a potential development pipeline of over one gigawatt and has developed renewable energy projects with a combined capacity of over 100 megawatts [11] Key Milestones - The launch of the DeStarlink Genesis-1 satellite is expected in December 2025, which will include an Ethereum wallet and blockchain node for verified transactions in orbit [6][13] - Full constellation rollout and commercialization of Orbital Cloud services are planned for 2027-2028, with autonomous network governance expected by 2028-2030 [13]