Northwire Canada EditionThursday, October 22, 2026
Northwire
⌕
GOLD 4047.20 −2.5% SILVER 54.77 −5.1% COPPER 6.39 −2.9% OIL 99.46 +2.4% PALLADIUM 1054.50 −3.2% IGO 0.125 +0.0% CCMM 0.390 −9.3% FVI 13.36 −7.9% KTN 0.840 −10.6% FTUR 0.240 −14.3% YARR 0.150 +0.0% ATY 0.215 −8.5% EMNT 0.300 −11.8% MOO 0.680 +13.3% BMM 4.19 −2.6% GR 0.060 +0.0% ALS 52.69 −5.5% BUFF 0.750 +7.1% MGG 0.235 −9.6% ALEX 0.305 −10.3% TAJ 0.150 −6.2% GOLD 4047.20 −2.5% SILVER 54.77 −5.1% COPPER 6.39 −2.9% OIL 99.46 +2.4% PALLADIUM 1054.50 −3.2% IGO 0.125 +0.0% CCMM 0.390 −9.3% FVI 13.36 −7.9% KTN 0.840 −10.6% FTUR 0.240 −14.3% YARR 0.150 +0.0% ATY 0.215 −8.5% EMNT 0.300 −11.8% MOO 0.680 +13.3% BMM 4.19 −2.6% GR 0.060 +0.0% ALS 52.69 −5.5% BUFF 0.750 +7.1% MGG 0.235 −9.6% ALEX 0.305 −10.3% TAJ 0.150 −6.2%
M&A / Property

PowerBank and Smartlink AI ("Orbit AI") to Launch the First "Orbital Cloud" for AI Infrastructure into Space

SUNN · Price

Executive Summary

  • PowerBank Corporation announces a strategic collaboration with Orbit AI to launch the “Orbital Cloud,” integrating solar‑powered satellite infrastructure, AI compute payloads and blockchain verification in Low Earth Orbit.
  • The company commits an initial US $50,000 investment with an option to invest up to US $10 million for equity (up to 20%) in Orbit AI, contingent on final terms prior to the December 2025 launch of the DeStarlink Genesis‑1 satellite.
  • The initiative targets a combined market opportunity exceeding $700 billion over the next decade across orbital infrastructure, satellite services, in‑orbit data centers and AI/ blockchain ecosystems.

Key Details

  • Collaboration Scope: PowerBank will supply advanced solar energy systems and adaptive thermal control technology for Orbit AI’s DeStarlink (decentralized LEO communications network) and DeStarAI (orbital AI data centers).
  • Investment Terms:
  • Initial cash investment: US $50,000.
  • Option to invest up to US $1 million for a 2% equity stake.
  • Potential additional commitment of up to US $10 million for up to a 20% equity position, subject to agreement before satellite launch.
  • Launch Timeline:
  • Q4 2025 – Launch of Genesis‑1 satellite (includes Ethereum wallet, blockchain node, and AI inference payload).
  • 2026 – Expansion to 5–8 orbital nodes.
  • 2027‑2028 – Full constellation rollout and commercialization of Orbital Cloud services.
  • 2028‑2030 – Autonomous network governance and large‑scale orbital compute/communication operations.
  • Market Size Projections (cited):
  • Global Satellite Market: $615 billion by 2032.
  • Orbital Infrastructure market: $13.5 billion in 2024 → $21.3 billion by 2029 (CAGR ~9.6%).
  • In‑Orbit Data Centers: $1.77 billion in 2029 → $39.1 billion by 2035.
  • Satellite Data Services: ~$12.16 billion in 2024 → ~$55.24 billion by 2034 (CAGR ~16.3%).
  • Technology Partners: NVIDIA (GPU compute), Ethereum Foundation (blockchain framework), Galaxy Space, Galactic Energy, SparkX Satellite (satellite builder), AscendX Aerospace (rocket materials).
  • Strategic Rationale: Aligns PowerBank’s clean‑energy expertise with high‑growth digital‑asset infrastructure, positioning the company in emerging AI‑enabled, sovereign space services.

Notable Quotes

  • “The next frontier of human innovation isn’t just in space exploration, it’s in building the infrastructure of tomorrow above the Earth.” – Dr. Richard Lu, CEO, PowerBank Corporation
  • “Orbit AI is creating the first truly intelligent layer in orbit… opening an entirely new potentially $700+ billion‑dollar market opportunity.” – Gus Liu, Co‑Founder & CEO, Smartlink AI

All forward‑looking statements are subject to risks and uncertainties detailed in the release.

Read the original news release →

More from POWERBANK CORPORATION