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E-scooter founder raises $5M for space-based AI data centers

Orbital, a new company founded by e-scooter entrepreneur Euwyn Poon, has secured $5 million in seed funding to develop data centers in space. The company aims to leverage the anticipated capabilities of SpaceX's Starship rocket to provide massive AI computing power in orbit. Orbital plans a demo flight with an Nvidia Blackwell chip and targets launching its first data-processing spacecraft with GPUs in 2028, eventually aiming for a constellation of 10,000 satellites. AI

IMPACT Accelerates the push for distributed AI compute infrastructure beyond Earth's atmosphere, contingent on future launch vehicle economics.

RANK_REASON This is a significant funding round for a new venture aiming to build critical infrastructure for AI in space, relying on future launch capabilities. [lever_c_demoted from significant: ic=1 ai=0.7]

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COVERAGE [1]

  1. TechCrunch AI TIER_1 English(EN) · Tim Fernholz ·

    How an e-scooter founder raised $5 million to build space data centers

    Orbital founder Euwyn Poon built 250,000 scooters at Spin. Now he wants to launch 10,000 space data centers.