"Starcloud's Series A funding round, which closed 17 months after its demo day presentation, has positioned the company as one of the fastest startups to achieve unicorn status, valued at $1.1 billion."
"CEO Philip Johnston stated that Starcloud 3 will be a 200 kilowatts, three-ton spacecraft designed to launch from SpaceX's Starship, aiming to be the first orbital data center that is cost-competitive with terrestrial data centers."
"Johnston expects commercial access to space will open up in 2028 and 2029, but acknowledges that powerful space computers will remain cost-prohibitive until a new generation of rockets can launch frequently."
Starcloud has reached a valuation of $1.1 billion following its Series A funding round, led by Benchmark and EQT Ventures. The company has raised $200 million and launched its first satellite equipped with an Nvidia H100 GPU. Future plans include launching Starcloud 2 with advanced GPUs and developing a data center spacecraft, Starcloud 3, designed for SpaceX's Starship. CEO Philip Johnston anticipates that the first orbital data center will be cost-competitive with terrestrial options, but acknowledges challenges due to the current state of rocket launches.
Read at TechCrunch
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