PowerBank Announces Strategic Investment in Orbit AI Following Successful Satellite Rocket Launch of the “Genesis” Space Mission
Press Release
Toronto, Ontario, February 12, 2026 — PowerBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: 103) (“PowerBank” or the “Company”), a leader in advanced solar energy and sustainable digital infrastructure is pleased to announce a definitive subscription agreement for a strategic investment of US$500,000 by PowerBank into Orbit AI. This milestone capital infusion follows the historic technical success of the “Orbit AI Genesis” mission in December 2025 and signals the beginning of a multi-phase global expansion, including a structured framework for additional future funding. This investment is being made in support of the previously announced collaboration framework agreement between the parties (see prior press release).
A Technological Breakthrough in Orbit
The investment comes as Orbit AI transitions from a technological proof-of-concept to fully operational infrastructure. On December 10, 2025, the “Orbit AI Genesis” satellite successfully achieved all mission objectives. As the world’s first system to integrate on-orbit blockchain validation—including active blockchain node operations—with AI inference computing, the satellite has verified the technical viability of the “Orbital Cloud” at the current scale.
Orbit AI has been circling Earth at approximately 7.59 km/s, completing a full orbit every 95 minutes at an altitude of roughly 547 km. Utilizing an agile and efficient supply chain and proprietary architecture designed by a core team of aerospace, AI, and solar energy experts from Tsinghua University, NTU, and HKU, the Genesis satellite leverages:
- 24/7 Solar Autonomy: Continuous access to high-intensity solar energy in Low Earth Orbit (LEO).
- Passive Radiative Cooling: Utilizing the space vacuum to eliminate the massive thermal management costs that plague terrestrial AI clusters.
- DeStarAI & DeStarlink: Integrating orbital AI compute infrastructure with a decentralized communication network to form a seamless digital layer in space.
Strategic Capital and Future Investment Framework
PowerBank is now one of the first solar and energy players moving into the space infrastructure market. The collaboration contemplates PowerBank supporting solar energy systems and adaptive thermal control solutions for future Oribt AI missions. The investment secures an economic interest in Orbit AI’s future.
Under the terms of the agreement, PowerBank has completed a US$500,000 strategic investment. To support the rapid scaling of the constellation, the agreement also establishes a framework for future capital participation. PowerBank maintains an option to increase its stake through an additional investment of US$500,000 within the next 12 months. This structure ensures that PowerBank remains a core partner as Orbit AI moves toward its next phase of commercial deployment.
“The successful operation of the Genesis satellite has turned a paradigm-shifting concept into a verified reality,” said Dr. Richard Lu, CEO of PowerBank. “By moving AI computing into space, we are bypassing the energy and cooling bottlenecks of Earth. This $500,000 investment, and the provisions for future expansion, is a testament to our long-term commitment to building a sovereign, AI-driven digital layer that operates beyond terrestrial limitations.”
Patrick Zhou, CEO of Smartlink AI, added: “Orbit AI is no longer just a vision; it is a functioning infrastructure. With the support of PowerBank’s expertise in advanced solar systems and this new capital, we are accelerating our roadmap to deploy 5,000 satellites by 2030, aiming to become the premier builder and operator of the global Space AI + communication constellation.”
Entering a Potential $700 Billion Market
Orbit AI is positioned at the intersection of three sectors: Satellite Communications, AI Infrastructure, and Blockchain. By 2032 projected size of Global Satellite Market is USD$615B1. Additional opportunities span orbital infrastructure, in-orbit data centers, and satellite data services, representing a combined market potential of USD$115.64B over the next decade2-4.
The terms of the investment are PowerBank has made a US$500,000 strategic investment in Orbit AI, enabling participation in this next-generation orbital infrastructure frontier. PowerBank maintains an option to increase its stake through an additional investment of US$500,000 within the next 12 months. With plans to achieve long-term operating costs lower than terrestrial AI clusters, Orbit AI intends to provide a sustainable and economically superior alternative for the next generation of global data processing. PowerBank is positioning itself as a shareholder and future collaboration partner with Orbit AI with the intention to support the energy backbone to this next-generation orbital infrastructure.
Orbit AI’s Chief Financial Officer is related to PowerBank’s CEO and Director, Dr. Richard Lu. Dr. Lu has disclosed this relationship to the PowerBank’s Board of Directors and abstained from voting on the approval of this transaction.
About PowerBank Corporation
PowerBank Corporation (NASDAQ: SUUN) is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The company develops solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal, and residential off-takers. PowerBank maximizes returns via a diverse portfolio across leading North American markets and has a potential development pipeline of over one gigawatt, with over 100 megawatts built to date. To learn more, visit www.powerbankcorp.com.
For further information, please contact:
PowerBank Corporation
Tracy Zheng
Email: tracy.zheng@powerbankcorp.com
Phone: 416.494.9559
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