M&A / Property
PowerBank Announces Launch of the First Satellite in the "Orbital Cloud" Project with Smartlink AI

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Executive Summary
- PowerBank Corporation announced the successful launch of Orbit AI’s DeStarlink Genesis‑1 satellite, marking the first step in the “Orbital Cloud” project.
- The partnership positions PowerBank to supply advanced solar power and thermal control technologies for future low‑Earth‑orbit (LEO) satellites.
- A multi‑year roadmap was outlined, with additional orbital nodes planned for 2026–2030; PowerBank confirmed no further equity investment will be made at this time.
Key Details
- Launch Achievement: DeStarlink Genesis‑1 satellite launched on 10 Dec 2025, carrying an Ethereum wallet, blockchain node, and initial AI inference payload.
- Orbital Cloud Vision: Decentralized LEO network delivering solar‑powered compute, connectivity, and blockchain‑verified processing; projected global satellite market size of USD 615 B by 2032.
- PowerBank’s Role: Provide advanced solar modules, adaptive energy management systems, and thermal control solutions for current and future satellites in the constellation.
- Roadmap Milestones:
- Q4 2025 – Genesis‑1 launch completed.
- 2026 – Expansion to 5–8 orbital nodes integrating compute and connectivity.
- 2027‑2028 – Full constellation rollout and commercialization of Orbital Cloud services.
- 2028‑2030 – Autonomous network governance; large‑scale orbital compute and communications operations.
- Financial Commitment: PowerBank elected not to make any additional equity investment in Orbit AI at this time.
- Market Opportunity: Combined market potential for orbital infrastructure, in‑orbit data centers, and satellite data services estimated at USD 115.64 B over the next decade.
Notable Quotes
“Today marks a transformative moment in the evolution of space‑based infrastructure,” said Dr. Richard Lu, CEO of PowerBank. “The successful launch of DeStarlink Genesis‑1 validates our vision of supporting solar‑powered solutions for the digital economy.”
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Jun 26, 2026 · 07:07