Powerbank, Smartlink AI see Genesis-1 satellite launch

Dr. Richard Lu reports POWERBANK SHARES UPDATES ON SUCCESSFUL ROCKET LAUNCH IN ORBITAL CLOUD INITIATIVE WITH SMARTLINK AI Powerbank Corp. has provided a milestone update on its collaboration with Smartlink AI (Orbit AI) following the successful Dec. 10, 2025, launch of the DeStarlink Genesis-1 satellite. The satellite has been recorded operating and producing solar power as it moves around the Earth. Dr. Richard Lu, chief executive officer of Powerbank, commented: "The successful deployment of Genesis-1 validates a vision we announced just weeks ago -- that solar-powered infrastructure can extend beyond Earth's surface to power the next generation of computing. This isn't just about launching a satellite. It's about proving that clean energy technology can enable entirely new categories of digital infrastructure. The Orbital Cloud represents the convergence of three megatrends: renewable energy, artificial intelligence and decentralized computing. Powerbank's planned role in advancing solar and thermal control solutions for space-based data centres positions us uniquely at this intersection, opening exposure to markets projected to exceed $700-billion over the next decade." Mission accomplished: Genesis-1 reaches low-Earth orbit On Dec. 10, 2025, Orbit AI deployed the DeStarlink Genesis-1 satellite into low-Earth orbit, marking the inaugural launch of the Orbital Cloud network. Genesis-1 represents the first satellite in a planned constellation designed to integrate three critical capabilities in space: DeStarlink connectivity: decentralized communication infrastructure providing global, censorship-resistant connectivity; DeStarAI computing: solar-powered AI data centres naturally cooled in the vacuum of space, enabling continuous inference and processing; Blockchain verification: Ethereum wallet and blockchain node capabilities for verified, tamper-proof transactions executed in orbit. The satellite's successful deployment validates the core technical architecture of the Orbital Cloud and establishes the foundation for expanded constellation deployment beginning in 2026. Genesis-1 carries initial AI inference payloads and blockchain verification capabilities, demonstrating the feasibility of autonomous, solar-powered computation beyond terrestrial infrastructure constraints. From announcement to achievement: accelerated timeline execution Powerbank initially announced its collaboration with Orbit AI on Nov. 19, 2025, outlining an ambitious vision for Orbit AI, with Powerbank's support, to launch solar-powered orbital computing infrastructure. Less than one month later, the Genesis-1 satellite reached orbit -- a remarkably compressed timeline that demonstrates both Orbit AI's execution capabilities and the maturity of the underlying technology stack. This rapid progression from announcement to deployment reflects careful prelaunch preparation and validates Powerbank's due diligence in selecting strategic partners. The company's collaboration with Orbit AI is intended to encompass advanced solar energy systems and adaptive thermal control solutions -- critical technologies that will become increasingly important as the constellation scales to larger, higher-compute satellites in subsequent deployment phases. Powerbank's strategic position in the $700-billion-plus orbital infrastructure opportunity The Orbital Cloud initiative positions Powerbank at the intersection of multiple high-growth markets converging in low-Earth orbit: Global satellite market: projected to reach $615-billion (U.S.) by 2032, driven by expanding connectivity and data service demands; In-orbit data centres: expected to grow from $1.77-billion (U.S.) in 2029 to $39.1-billion (U.S.) by 2035 as compute workloads migrate to space; Orbital infrastructure: Growing from $13.5-billion (U.S.) in 2024 to $21.3-billion (U.S.) by 2029 (compounded annual growth rate of approximately 9.6 per cent); Satellite data services: expanding from approximately $12.16-billion in 2024 to approximately $55.24-billion by 2034 (CAGR of approximately 16.3 per cent). Powerbank's future contributions are expected to focus on the execution layer of these orbital systems -- the solar power generation and adaptive thermal management technologies that enable continuous, autonomous operation. This observation underscores the fundamental advantage of solar-powered orbital computing -- continuous energy availability without atmospheric interference. Powerbank's expertise in advanced solar energy systems positions the company to support this paradigm shift as computing infrastructure migrates beyond terrestrial constraints. A core differentiator of the Orbital Cloud architecture is its solar-powered execution layer. Satellites are equipped with lightweight, space-grade solar panels that harvest continuous sunlight during orbit, enabling round-the-clock AI inference, blockchain node operation and on-board data processing without reliance on terrestrial energy grids. Constellation expansion: next-phase development timeline With Genesis-1 deployed, Orbit AI plans to expand its constellation through a phased approach: 2026: deployment of five to eight additional orbital nodes integrating enhanced compute capabilities and expanded connectivity infrastructure; 2027-2028: full constellation rollout and commercialization of Orbital Cloud services, including sovereign connectivity and in-orbit data processing offerings; 2028-2030: implementation of autonomous network governance protocols and large-scale orbital compute and communication operations. Powerbank expects to continue as a key partner throughout these expansion phases, with its solar energy and thermal control contributions expected to become increasingly significant as satellite payloads scale to accommodate higher computational loads and more sophisticated AI inference capabilities. At this time, Powerbank elected not to make an investment in Orbit AI, and the terms of any remuneration for services Powerbank may provide Orbit AI have not yet been determined. About Powerbank Corp. Powerbank is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the United States. The company develops solar and battery energy storage system projects that sell electricity to utilities, commercial, industrial, municipal and residential offtakers. The company maximizes returns through a diverse portfolio of projects across multiple leading North America markets, including projects with utilities, host offtakers, community solar and virtual net metering projects. The company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built. We seek Safe Harbor.