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PowerBank Aims for $700 Billion Space Market with Orbital Cloud Partnership

MarketDash Editorial Team
19 days ago
PowerBank Corporation is teaming up with Orbit AI to launch the Orbital Cloud initiative, combining satellites, AI hardware, blockchain, and solar energy to build digital infrastructure in space targeting a massive market opportunity.

PowerBank Corporation (SUUN) announced Wednesday a partnership with Orbit AI to launch the Orbital Cloud, an ambitious space initiative that sounds like science fiction but is very much rooted in real market projections. The project aims to merge advanced satellites, powerful AI hardware, blockchain verification systems, and clean-energy technology into a new kind of digital infrastructure floating above Earth.

The Investment Structure

PowerBank is starting relatively small with a $50,000 initial investment in Orbit AI, but the deal includes an option to put in $1 million for 2% equity. If Orbit AI approves, that investment could balloon to $10 million in exchange for 20% equity. The transaction needs to be finalized before the DeStarlink Genesis-1 launch, currently scheduled for December 2025.

The timeline is fairly aggressive: Genesis-1 launches in Q4 2025, followed by an expansion to 5-8 orbital nodes throughout 2026. Full constellation deployment and commercial operations are planned for 2027-2028, with autonomous large-scale orbital operations targeted for 2030.

What PowerBank Brings to the Table

PowerBank's role in this partnership centers on what it knows best: advanced solar energy systems and adaptive thermal controls. These technologies align with the company's broader strategy to support digital asset infrastructure, data centers, and real-world asset (RWA) systems with clean power. Specifically, PowerBank will supply the solar and thermal tech needed for the satellite's future "Execution Layer."

Dr. Richard Lu, CEO of PowerBank, framed the opportunity in expansive terms: "The combined markets for orbital satellites, in-orbit data centers, blockchain verification, and solar-powered digital infrastructure are projected to exceed $700 billion over the next decade."

He added, "By integrating solar energy with orbital computing, PowerBank is helping create a globally sovereign, AI-enabled digital layer in space, which is a system that can help power finance, communications, and critical infrastructure."

The Market Opportunity

The numbers backing this venture are substantial. Orbital Cloud is targeting several high-growth markets simultaneously. Orbital infrastructure is expected to grow from $13.5 billion in 2024 to $21.3 billion by 2029, representing a compound annual growth rate of roughly 9.6%. The global satellite market looks even more promising, with projections showing expansion to $615 billion by 2032.

Then there are the emerging segments: in-orbit data centers are forecast to jump from $1.77 billion in 2029 to $39.1 billion by 2035, while satellite data services should grow from $12.16 billion in 2024 to $55.24 billion by 2034, a CAGR of about 16.3%. Add it all up, and you're looking at more than $700 billion in combined opportunities over the next ten years, driven by demand for AI, blockchain, renewable energy, and digital sovereignty.

SUUN Price Action: PowerBank shares were up 2.91% at $1.77 during premarket trading on Tuesday.

Back to News

PowerBank Aims for $700 Billion Space Market with Orbital Cloud Partnership

MarketDash Editorial Team
19 days ago
PowerBank Corporation is teaming up with Orbit AI to launch the Orbital Cloud initiative, combining satellites, AI hardware, blockchain, and solar energy to build digital infrastructure in space targeting a massive market opportunity.

PowerBank Corporation (SUUN) announced Wednesday a partnership with Orbit AI to launch the Orbital Cloud, an ambitious space initiative that sounds like science fiction but is very much rooted in real market projections. The project aims to merge advanced satellites, powerful AI hardware, blockchain verification systems, and clean-energy technology into a new kind of digital infrastructure floating above Earth.

The Investment Structure

PowerBank is starting relatively small with a $50,000 initial investment in Orbit AI, but the deal includes an option to put in $1 million for 2% equity. If Orbit AI approves, that investment could balloon to $10 million in exchange for 20% equity. The transaction needs to be finalized before the DeStarlink Genesis-1 launch, currently scheduled for December 2025.

The timeline is fairly aggressive: Genesis-1 launches in Q4 2025, followed by an expansion to 5-8 orbital nodes throughout 2026. Full constellation deployment and commercial operations are planned for 2027-2028, with autonomous large-scale orbital operations targeted for 2030.

What PowerBank Brings to the Table

PowerBank's role in this partnership centers on what it knows best: advanced solar energy systems and adaptive thermal controls. These technologies align with the company's broader strategy to support digital asset infrastructure, data centers, and real-world asset (RWA) systems with clean power. Specifically, PowerBank will supply the solar and thermal tech needed for the satellite's future "Execution Layer."

Dr. Richard Lu, CEO of PowerBank, framed the opportunity in expansive terms: "The combined markets for orbital satellites, in-orbit data centers, blockchain verification, and solar-powered digital infrastructure are projected to exceed $700 billion over the next decade."

He added, "By integrating solar energy with orbital computing, PowerBank is helping create a globally sovereign, AI-enabled digital layer in space, which is a system that can help power finance, communications, and critical infrastructure."

The Market Opportunity

The numbers backing this venture are substantial. Orbital Cloud is targeting several high-growth markets simultaneously. Orbital infrastructure is expected to grow from $13.5 billion in 2024 to $21.3 billion by 2029, representing a compound annual growth rate of roughly 9.6%. The global satellite market looks even more promising, with projections showing expansion to $615 billion by 2032.

Then there are the emerging segments: in-orbit data centers are forecast to jump from $1.77 billion in 2029 to $39.1 billion by 2035, while satellite data services should grow from $12.16 billion in 2024 to $55.24 billion by 2034, a CAGR of about 16.3%. Add it all up, and you're looking at more than $700 billion in combined opportunities over the next ten years, driven by demand for AI, blockchain, renewable energy, and digital sovereignty.

SUUN Price Action: PowerBank shares were up 2.91% at $1.77 during premarket trading on Tuesday.