| Mobile Web

Search results for Falcon

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.

Crypto

Falcon Finance and SoFi launch dollar stablecoins targeting institutions and retail users

Falcon Finance and SoFi have launched U.S. dollar stablecoin products linked to U.S. banking infrastructure. Falcon Finance introduced the institutional-focused fUSD through Anchorage Digital Bank’s federally regulated issuance platform, with reserves held in short-term U.S. Treasuries, cash and Treasury-backed repos. SoFi unveiled SoFiUSD for retail users inside its app, supporting transfers on Ethereum and Solana and planning additional features in coming weeks.

Industry

FAA says SpaceX aims for 10,000 launches a year within five years

SpaceX has set a goal of carrying out 10,000 rocket launches a year within the next five years, a figure far above the current global total. Gwynne Shotwell recently explained the target to U.S. Federal Aviation Administration chief Brian Bedford, who said bottlenecks are not within SpaceX. The FAA currently authorises 195 launches a year across four sites. Industry calls are growing to shift from per-launch approvals to a system similar to airline operating licences.