Close Menu
Trader News
  • Markets
    • Stocks
    • Futures
    • Forex
    • Commodities
    • OTC
    • QB
    • QX
    • PINK
    • Crypto
    • Options
    • Bonds
  • Crypto
    • Market
    • BTC
    • NFTs
    • DeFi
  • Technology
    • Web3
    • FinTech
    • EdTech
    • AI
  • Startups
  • Real Estate
  • Personal Finance
    • Retirement
    • Investing
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
X (Twitter)
X (Twitter) TikTok YouTube RSS
Trader News
  • Markets
    1. Stocks
    2. Futures
    3. Forex
    4. Commodities
    5. OTC
    6. QB
    7. QX
    8. PINK
    9. Crypto
    10. Options
    11. Bonds
    Featured

    What’s Going On With Robinhood Stock Today? – Robinhood Markets (NASDAQ:HOOD)

    By News RoomDec 11, 2025 8:28 am EST0
    Recent

    What’s Going On With Robinhood Stock Today? – Robinhood Markets (NASDAQ:HOOD)

    Dec 11, 2025 8:28 am EST

    This Option Care Health Analyst Begins Coverage On A Bullish Note; Here Are Top 4 Initiations For Thursday – BridgeBio Pharma (NASDAQ:BBIO), Option Care Health (NASDAQ:OPCH)

    Dec 11, 2025 8:27 am EST

    Davis & Shirtliff Named Twice in Business Worldwide Magazine’s 2025 Global Corporate Excellence Awards

    Dec 11, 2025 8:25 am EST
  • Crypto
    1. Market
    2. BTC
    3. NFTs
    4. DeFi
    Featured

    Bitcoin Bulls May Have to Wait Until 2026 for a BTC Price Reversal

    By News RoomDec 11, 2025 8:46 am EST0
    Recent

    Bitcoin Bulls May Have to Wait Until 2026 for a BTC Price Reversal

    Dec 11, 2025 8:46 am EST

    Bubblemaps Challenges PEPE’s Fair Launch, Says 30% Genesis Supply Bundled

    Dec 11, 2025 8:41 am EST

    Coinbase Opens Solana DEX Access as CeFi and DeFi Converge

    Dec 11, 2025 7:41 am EST
  • Technology
    1. Web3
    2. FinTech
    3. EdTech
    4. AI
    Featured

    New Xiaomi Smartphones Will Come With Sei Crypto Wallets Preinstalled

    By News RoomDec 11, 2025 8:34 am EST0
    Recent

    New Xiaomi Smartphones Will Come With Sei Crypto Wallets Preinstalled

    Dec 11, 2025 8:34 am EST

    Bipartisan bill would force government agencies to label AI content

    Dec 11, 2025 2:14 am EST

    Hong Kong Cardinal Calls AI a ‘Gift From God’ as Asian Bishops Mull Ethical Challenges

    Dec 10, 2025 9:21 pm EST
  • Startups
  • Real Estate
  • Personal Finance
    1. Retirement
    2. Investing
    Featured

    IRS releases health savings account expansion details under Trump’s ‘big beautiful bill’

    By News RoomDec 11, 2025 8:16 am EST0
    Recent

    IRS releases health savings account expansion details under Trump’s ‘big beautiful bill’

    Dec 11, 2025 8:16 am EST

    Wall Street is disappointed and confused by Oracle’s report. Where they see the stock going

    Dec 11, 2025 8:14 am EST

    Small caps to beat large next year as economy broadens out, M&A picks up, Jefferies says

    Dec 10, 2025 7:59 pm EST
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
Login
Trader News
You are at:Home » PowerBank Announces Launch of the First Satellite in the “Orbital Cloud” Project with Smartlink AI – PowerBank (NASDAQ:SUUN)
Commodities

PowerBank Announces Launch of the First Satellite in the “Orbital Cloud” Project with Smartlink AI – PowerBank (NASDAQ:SUUN)

News RoomNews RoomDec 11, 2025 7:24 am EST0 ViewsNo Comments10 Mins Read
Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest Email

Rocket launch took place on December 10, 2025

Approaching turning point consists of growth to 5– 8 orbital nodes incorporating calculate and connection

TORONTO, Dec. 11, 2025/ PRNewswire/ – PowerBank Corporation ( NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) (“ PowerBank” or the “ Business“), today praises Smartlink AI (” Orbit AI”) on the effective launch of the DeStarlink Genesis-1 satellite.

This inaugural satellite marks Orbit AI’s primary step towards constructing its Orbital Cloud network– an architecture where AI calculate, connection and blockchain-verified processing take place straight in low-Earth orbit.

Orbit AI is establishing DeStarlink, the very first decentralized low-Earth-orbit network for international connection, and DeStarAI, a suite of orbital AI information centers powered by solar varieties and naturally cooled in area. Together, these systems form the Orbital Cloud, a combined facilities layer developed to make it possible for sovereign, censorship-resistant connection and in-orbit calculate services.

By 2032 forecasted size of Global Satellite Market is USD$ 615B 1 Extra chances cover orbital facilities, in-orbit information centers, and satellite information services, representing a combined market capacity of USD$ 115.64 B over the next years 2-4

A core differentiator of the Orbital Cloud is its solar-powered execution layer. Satellites are geared up with light-weight, space-grade photovoltaic panels that gather constant sunshine throughout orbit, meant to make it possible for day-and-night AI reasoning, blockchain node operation, and on-board information processing. PowerBank’s future contributions will concentrate on supporting sophisticated solar modules, adaptive energy management systems, and thermal control options– parts necessary to powering the next generation of bigger, higher-compute satellites in the constellation.

” Today marks a transformative minute in the development of space-based facilities,” stated Dr. Richard Lu, CEO of PowerBank “The effective launch of DeStarlink Genesis-1 confirms our vision of supporting solar-powered options for the digital economy. This shows how tidy energy and advanced computing can assemble to construct resistant, internationally available facilities beyond terrestrial restraints. PowerBank is happy to work together with Orbit AI in pioneering this brand-new frontier where our solar power know-how can assist power the next generation of orbital computing and connection.”

Through its cooperation with Orbit AI, PowerBank means to contribute sophisticated solar power systems and adaptive thermal control options, showing its wider shift towards digital property, information center, and Real life Property facilities, where solar energy supports digital facilities implementations and high-growth AI markets. PowerBank’s contribution concentrates on solar energy and adaptive thermal innovations necessary to future satellite’s “Execution Layer.”

Orbit AI prepares to broaden its constellation starting in 2026, with larger-scale implementations expected through 2028– 2030. PowerBank anticipates to continue as a crucial partner in these advancements.

Secret Turning Points

  • Q4 2025: Introduce of Genesis-1 with Ethereum wallet, blockchain node, and preliminary AI reasoning payload.
  • 2026: Growth to 5– 8 orbital nodes incorporating calculate and connection.
  • 2027– 2028: Complete constellation rollout and commercialization of Orbital Cloud services.
  • 2028– 2030: Self-governing network governance; massive orbital calculate and interaction operations.

PowerBank’s cooperation with Orbit AI on the Orbital Cloud effort shows the Business’s tactical growth into high-growth digital facilities markets. The effective launch of Genesis-1 marks the primary step in a multi-year roadmap of Orbit AI to develop a totally functional constellation of solar-powered, AI-enabled satellites that will redefine international connection and digital sovereignty from low-Earth orbit. At this time PowerBank chose not to make any extra financial investment in Orbit AI.

About PowerBank

PowerBank Corporation is an independent sustainable and tidy energy task designer and owner concentrating on dispersed and neighborhood solar jobs in Canada and the U.S.A. The Business establishes solar and Battery Energy Storage System (BESS) jobs that offer electrical energy to energies, industrial, commercial, local and property off-takers. The Business optimizes returns through a varied portfolio of jobs throughout several leading The United States And Canada markets consisting of jobs with energies, host off-takers, neighborhood solar, and virtual net metering jobs. The Business has a prospective advancement pipeline of over one gigawatt and has actually established sustainable and tidy energy jobs with an integrated capability of over 100 megawatts constructed.

For more information about PowerBank, please check out www.powerbankcorp.com.

About Orbit AI

Orbit AI is a Singapore based leader in Aerospace. Complying with supply chain from China and United States, the business is constructing a decentralized low-Earth orbit satellite network (DeStarlink) integrated with orbital AI compute/data-center facilities (DeStarAI). The business prepares blockchain confirmed nodes in area, solar-powered calculate payloads and a mesh network architecture to provide international connection and digital-sovereignty services. For more information about Orbit AI please check out https://orbitAI.global or follow http://x.com/OrbitAI_OAI

Notes

POSITIVE DECLARATIONS

This press release includes positive declarations and positive info within the significance of Canadian securities legislation (jointly, “positive declarations”) that connect to the Business’s existing expectations and views of future occasions. Any declarations that reveal, or include conversations regarding, expectations, beliefs, strategies, goals, presumptions or future occasions or efficiency (frequently, however not constantly, through using words or expressions such as “will likely result”, “are anticipated to”, “anticipates”, “will continue”, “is expected”, “expects”, “thinks”, “approximated”, “means”, “strategies”, “projection”,” forecast”, “technique”, “unbiased” and “outlook”) are not historic truths and might be positive declarations and might include price quotes, presumptions and unpredictabilities which might trigger real outcomes or results to vary materially from those revealed in such positive declarations. In specific and without restriction, this press release includes positive declarations referring to the Business’s expectations relating to market patterns and general market development; the information of the cooperation with Orbit AI and its anticipated advantages; the Business’s contributions towards the cooperation with Orbit AI; the timelines for Orbit AI’s operations the Business’s development methods, and the size of the Business’s advancement pipeline. No guarantee can be considered that these expectations will show to be appropriate and such positive declarations consisted of in this press release must not be unduly trusted. These declarations speak just since the date of this press release.

Positive declarations are based upon specific presumptions and analyses made by the Business due to the experience and understanding of historic patterns, existing conditions and anticipated future advancements and other elements it thinks are proper, and undergo threats and unpredictabilities. In making the forward looking declarations consisted of in this press release, the Business has actually made numerous product presumptions, consisting of however not restricted to: the Business has the ability to raise enough funding to finish the revealed financial investment into Orbit AI; acquiring the essential regulative approvals; that regulative requirements will be preserved; basic organization and financial conditions; the Business’s capability to effectively perform its strategies and objectives; the schedule of funding on affordable terms; the Business’s capability to bring in and maintain experienced personnel; market competitors; the product or services provided by the Business’s rivals; that the Business’s existing great relationships with its provider and other 3rd parties will be preserved; and federal government aids and financing for renewable resource will continue as presently considered. Although the Business thinks that the presumptions underlying these declarations are affordable, they might show to be inaccurate, and the Business can not guarantee that real outcomes will follow these positive declarations. Offered these threats, unpredictabilities and presumptions, financiers must not put excessive dependence on these positive declarations.

Whether real outcomes, efficiency or accomplishments will comply with the Business’s expectations and forecasts goes through a variety of recognized and unidentified threats, unpredictabilities, presumptions and other elements, consisting of those noted under “Forward- Looking Declarations” and “Danger Elements” in the Business’s most just recently finished Yearly Info Kind, and other public filings of the Business, that include: the Business stops working to raise enough funding to finish the revealed financial investment into Orbit AI; Orbit AI is not able to raise enough funding to finish its launch of satellites on the timelines proposed or at all; technical threats related to Orbit AI’s prepared operations; the Business might be negatively impacted by unpredictable solar energy market and market conditions; the execution of the Business’s development technique relies on the ongoing schedule of third-party funding plans; the Business’s future success depends partially on its capability to broaden the pipeline of its energy organization in a number of essential markets; federal governments might modify, decrease or remove rewards and policy assistance plans for solar and battery storage power; basic international financial conditions might have an unfavorable effect on our operating efficiency and outcomes of operations; the Business’s task advancement and building and construction activities might not succeed; establishing and running solar Job exposes the Business to numerous threats; the Business deals with a variety of threats including Power Purchase Agreements (” PPAs”) and project-level funding plans; any modifications to the laws, guidelines and policies that the Business goes through might provide technical, regulative and financial barriers to the purchase and usage of solar energy; the marketplaces in which the Business completes are extremely competitive and developing rapidly; an anti-circumvention examination might negatively impact the Business by possibly raising the costs of essential products for the building and construction of solar energy jobs; foreign exchange rate changes; a modification in the Business’s reliable tax rate can have a substantial negative effect on its organization; seasonal variations in need connected to building and construction cycles and weather might affect the Business’s outcomes of operations; the Business might be not able to produce enough capital or have access to external funding; the Business might sustain considerable extra insolvency in the future; the Business goes through threats from supply chain problems; threats associated with inflation and tariffs; unforeseen guarantee expenditures that might not be sufficiently covered by the Business’s insurance plan; if the Business is not able to bring in and maintain essential workers, it might not have the ability to complete successfully in the renewable resource market; there are a restricted variety of buyers of utility-scale amounts of electrical energy; compliance with ecological laws and guidelines can be pricey; business obligation might negatively enforce extra expenses; the future effect of any international pandemic on the Business is unidentified at this time; the Business has actually restricted insurance protection; the Business will be dependent on infotech systems and might go through harmful cyberattacks; the Business might end up being based on lawsuits; there is no warranty on how the Business will utilize its readily available funds; the Business will continue to offer securities for money to money operations, capital growth, mergers and acquisitions that will water down the existing investors; and future dilution as an outcome of fundings.

The Business carries out no commitment to upgrade or modify any positive declarations, whether as an outcome of brand-new info, future occasions or otherwise, other than as might be needed by law. Brand-new elements emerge from time to time, and it is not possible for the Business to anticipate all of them, or examine the effect of each such element or the level to which any element, or mix of elements, might trigger outcomes to vary materially from those consisted of in any positive declaration. Any forward- looking declarations consisted of in this press release are specifically certified in their whole by this cautionary declaration.

SOURCE PowerBank Corporation

Source

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Davis & Shirtliff Named Twice in Business Worldwide Magazine’s 2025 Global Corporate Excellence Awards

Commodities Dec 11, 2025 8:25 am EST

Cenovus announces 2026 capital budget and corporate guidance – Cenovus Energy (NYSE:CVE)

Commodities Dec 11, 2025 6:23 am EST

All change: Argus looks at the stresses in commodities markets for 2026

Commodities Dec 11, 2025 5:21 am EST

Korea Innovation Foundation selects 3 Innovative energy companies, TurbineCrew, TMEVNET, and Mona for Global Technology Commercialization Support Program (North America)

Commodities Dec 11, 2025 4:20 am EST

Munters wins 840 MSEK data center chiller order

Commodities Dec 11, 2025 3:19 am EST

Smart Energy in Action: JA Solar’s first BESS for C&I in Sicily, Italy

Commodities Dec 11, 2025 2:18 am EST
Add A Comment
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Latest News

Bubblemaps Challenges PEPE’s Fair Launch, Says 30% Genesis Supply Bundled

Dec 11, 2025 8:41 am EST

New Xiaomi Smartphones Will Come With Sei Crypto Wallets Preinstalled

Dec 11, 2025 8:34 am EST

What’s Going On With Robinhood Stock Today? – Robinhood Markets (NASDAQ:HOOD)

Dec 11, 2025 8:28 am EST

This Option Care Health Analyst Begins Coverage On A Bullish Note; Here Are Top 4 Initiations For Thursday – BridgeBio Pharma (NASDAQ:BBIO), Option Care Health (NASDAQ:OPCH)

Dec 11, 2025 8:27 am EST

Davis & Shirtliff Named Twice in Business Worldwide Magazine’s 2025 Global Corporate Excellence Awards

Dec 11, 2025 8:25 am EST

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]

Top News

Personal Finance

IRS releases health savings account expansion details under Trump’s ‘big beautiful bill’

By News RoomDec 11, 2025 8:16 am EST0

Miniseries|E+|Getty Images The U.S. Department of the Treasury and internal revenue service today shared information…

Wall Street is disappointed and confused by Oracle’s report. Where they see the stock going

Dec 11, 2025 8:14 am EST

Coinbase Opens Solana DEX Access as CeFi and DeFi Converge

Dec 11, 2025 7:41 am EST

Dollar Tree’s Rally Rolls On But Lackluster Forecast Weighs On Growth Ranking – Dollar Tree (NASDAQ:DLTR)

Dec 11, 2025 7:27 am EST
About
About

Trader News is the only source for the latest news and updates about the market, finance, crypto and real estate. Follow us to get the only news that matters.
We're social, connect with us:

X (Twitter) YouTube TikTok
Popular News

Bitcoin Liquidity Sweep Calls Increase With $90,000 at Stake

Dec 5, 2025 9:46 am EST

Shares of this old school manufacturer are turning around. Carter Worth says it’s a buy

Dec 5, 2025 3:34 pm EST

These dividend aristocrats also consistently buy back their stocks, says Wolfe

Dec 5, 2025 4:36 pm EST

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]
Copyright © 2025. TraderNews. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?