US company Lumen Orbit, a startup that is only three months old, has $2.4 million reachable For his plan to put hundreds of satellites into orbit. These must act as data centers in space.
Investors include Nebular, Caffeinated Capital, Plug & Play, Everywhere Ventures, Tiny.vc, Sterling Road, Pareto Holdings, and Foreword Ventures. There are also more than 20 angel investors participating.
CEO and co-founder Philip Johnston previously worked for accountant McKinsey and is the founder of e-commerce company Opontia. Lumen's other co-founders include chief technology officer Ezra Fielden (Oxford Space Systems, Airbus Defense and Space) and chief engineer Adi Oltean, who worked at SpaceX's Starlink.
Lumen's plan calls for deploying about 300 satellites in very low Earth orbit, at an altitude of about 315 kilometers. The first 60-kilogram satellite will be launched in May 2025.
There are pirates on the coast. ASCEND, an EU-funded project, has also investigated the feasibility of creating a fleet of space-based data centres, with Thales Alenia Space playing a leading role. Texas-based Axiom Space says it is collaborating with Kepler Space and Skylum to launch its own space data center.
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