Orbital Cloud
Search documents
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]
EXCLUSIVE: PowerBank Eyes $700 Billion Space Market With Orbital Cloud Initiative
Yahoo Finance· 2025-11-19 12:01
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]