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AI & Enterprise

Orbital targets 2028 first launch for space AI data centre vision

Orbital, a startup aiming to build artificial intelligence data centres in space, has raised $5 million in seed funding. The company plans to run AI inference in orbit to avoid power and siting constraints on Earth and reduce regulatory and permitting burdens. Founder Euwyn Poon says the business depends on lower launch costs, with SpaceX\'s Starship seen as key. Orbital targets a first data-processing spacecraft launch in 2028.

Industry

NASA steps up permanent moon base plans; Blue Origin to handle lander

NASA has released a preliminary schedule to carry out up to three additional moon missions by the end of 2026 as it pushes ahead with plans for a long-term lunar outpost. The missions focus on testing rovers and landers and surveying the lunar surface environment. Blue Origin, Astrobotic and Intuitive Machines will provide landers, while Astrolab’s FLIP rover is also slated for deployment. The plan highlights NASA’s separate contracts for landers, rovers and payload transport.

Telecommunications & Media

SpaceX revenue mostly from Starlink, rockets and AI in the red

SpaceX’s main source of revenue is its Starlink satellite internet service rather than reusable rockets, according to results disclosed ahead of a planned IPO. Starlink-related connectivity services made up 61 percent of consolidated revenue last year and 69 percent in the first quarter. Starlink generated the largest revenue and profit, while the rocket launch business posted a loss and the AI segment recorded a larger deficit. Filings also highlighted rising regulatory, operational and geopolitical risks.