Payloadspace Satlyt Secures $8M to Enhance AI Capabilities on Satellites
Article Content
- •Satlyt raised $8M to expand its virtual ODC network for AI processing on satellites.
- •The company aims to reduce expensive data downlinking by processing data in orbit.
- •Satlyt plans to onboard 30% of non-Starlink satellites by 2030.
Satlyt, a startup co-founded by former Google and SpaceX engineer Rama Afullo, has raised $8 million in seed funding to expand its virtual orbital data center (ODC) network. The company aims to deploy AI capabilities on satellites to process data in orbit, reducing the need for expensive downlinking to Earth. Satlyt's software has already been tested successfully on two demonstration missions, including a significant collaboration with NASA. The funding round was led by non sibi ventures and aims to enhance Satlyt's team and in-orbit capabilities. The startup plans to onboard 30% of non-Starlink satellites by the end of the decade, positioning itself as a complementary solution to hardware-focused ODC concepts. The company's approach contrasts with traditional satellite operations by focusing on software rather than spacecraft construction.
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