China Startup Secures $8.4B in Credit Lines for Orbital Data Center Push
China's Orbital Chenguang startup has secured $8.4 billion in credit lines to develop space-based data centers, aiming to ease pressure on Earth's computing infrastructure. The startup plans to build a gigawatt-scale computing system in orbit by 2035.
Orbital Chenguang, a Beijing-based startup, has secured early funding and $8.4 billion in strategic credit lines to develop space-based data centers. The startup is backed by the Beijing Astro-future Institute of Space Technology, a government-backed organization. Orbital Chenguang plans to build a network of satellites operating in a Sun-synchronous orbit about 700 to 800 kilometers above Earth. The long-term goal is a gigawatt-scale computing system in orbit by 2035. China is rolling out a phased approach, focusing on solving core engineering challenges and testing early satellites between 2025 and 2027. The roadmap calls for integrating space-based computing with Earth-based networks by 2030.
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