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 growing demand for AI compute power by deploying satellites equipped with GPUs, with plans to eventually launch 10,000 such satellites. Orbital's strategy is heavily reliant on the successful development and commercialization of SpaceX's Starship rocket for cost-effective launches. AI
IMPACT Accelerates the deployment of AI compute infrastructure beyond Earth's atmosphere.
RANK_REASON Seed funding round for a new company with significant infrastructure and AI implications.
- a16z
- Andrew Chen
- Blue Origin
- Cowboy Space Company
- Euwyn Poon
- Ford
- New Glenn
- Nvidia
- Orbital
- SpaceX
- Spin
- Starcloud
- Starship
- Blackwell
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