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PowerBank (NASDAQ: SUNN) announced its collaboration with Smartlink AI (Orbit AI) after the DeStarlink Genesis-1 satellite launched on December 10, 2025, beginning development of an Orbital Cloud that combines in-orbit AI compute, connectivity and blockchain-verified processing.
PowerBank intends to supply advanced solar modules, adaptive energy management and thermal control for larger satellites. Orbit AI plans expansion to 5–8 orbital nodes in 2026 with full constellation commercialization targeted for 2027–2028. Market projections cited include a global satellite market of $615B by 2032 and a $115.64B combined opportunity over the next decade.
PowerBank (Cboe CA: SUNN) updated development of the 2.6 MW Elmira ground-mount community solar project in Upstate New York, sized to power the equivalent of 325 homes. The Project has secured site plan approval, a special use permit, and received a negative declaration under SEQRA. Subject to receipt of financing, construction could begin before year-end. The Project is expected to be eligible for incentives under NYSERDA NY-Sun and will operate as a community solar array delivering bill credits to subscribers.
PowerBank cites a development track record of >100 MW completed and a >1 GW pipeline and warns the Project remains subject to permits, contracts, financing and policy risks.
