MARKET INTELLIGENCE • Q1 2026

The Orbital Cloud: The Operating System for Orbit.

The definitive source for the transition from single-use aerospace hardware to multi-tenant orbital infrastructure. We track the decoupling of payload from platform.

01 COMPUTE

PetaFLOPS

Status: Scaling Edge AI

02 TRANSPORT

Gbps Capacity

Status: Laser Mesh Active

03 UTILITY

Power & Hosting

Status: 20kW+ Nodes

APPLICATIONS

Compute

Transport

Utility

THE CLOUD ABSTRACTION

Launch & Logistics

In-Space Assembly

Servicing & Refueling

Hardware Ruggedization

INTRODUCING THE

Orbital Cloud

Orbital Cloud is the delivery of power / compute / communications / sensing as on-orbit services, enabled by modular, serviceable spacecraft, orbital logistics, and a multi-tenant control plane (scheduling, isolation, metering, billing).
Orbital Cloud is what you get when space stops being a
one-off mission and becomes a capacity platform.

Modular Nodes

Standardized, swappable subsystems so vehicles can evolve without full replacement.

Logistics & Servicing

Refuel, repair, upgrade, and reposition—turning maintenance into a repeatable operation.

Orchestration & Metering

The system that schedules resources, enforces isolation, meters usage, and supports billing.

The Convergence

Three structural shifts have aligned to transform space from a destination into a utility.

Launch Abundance

Heavy lift vehicles (Starship, New Glenn) and flat-pack logistics are collapsing the cost of orbit, shifting constraints from Mass ($/kg) to Volume and Power.

Robotic Permanence

Standard interfaces (iSSI) and refueling ports (RAFTI) allow assets to be assembled, repaired, and upgraded. We move from Disposable Missions to Permanent Infrastructure.

Data Gravity

Sensors are generating more data than can be downlinked. The only economic solution is Orbital Edge AI—processing data at the source to sell insights, not pixels.

The Structural Pivot

The transition from single-use aerospace hardware to multi-tenant orbital infrastructure.

Space 1.0 (The Hardware Era)

Manufacturing Model

The Hardware Era

Unit of Trade

The Satellite (Box)

Ownership

Dedicated / Owned & Operated

Financial Model

CapEx (Asset Heavy)

Lifecycle

Expendable (Launch → Burn)

The Flaw: "Optimized for Launch Survival."

Space 2.0 (The Cloud Era)

Utility Model

The Cloud Era

Unit of Trade

Capacity (Compute / Power / Transport)

Ownership

Shared / Multi-Tenant

Financial Model

OpEx (Asset Light)

Lifecycle

Persistent (Repair → Refuel → Upgrade)

The Unlock: "Optimized for Yield."

The Downlink Bottleneck

Raw Sensor Data (Petabytes)

RF Downlink (Gigabytes)

The Bottleneck

Actionable Intel

The Orbital Cloud Solution

Compute Node Before the Choke Point

Orbital Cloud processes the Petabytes in space, so you only downlink the Answers.

The Orbital Cloud Stack

The Orbital Cloud stack decouples the payload from the platform. Customers purchase defined capacities (Compute, Transport, Utility) managed by a software Control Plane, moving from CapEx hardware to OpEx services.

Compute Capacity

The processing layer. Renting GPU/CPU cycles in orbit to reduce latency and filter data.

Edge Inference (GPU-Hours)

Batch Processing

Secure Enclaves

Model Hosting

Transport Capacity

The networking layer. Moving data between nodes (OISL) and to the ground (Downlink).

Laser Crosslinks (Gbps)

Low-Latency Downlink

Direct-to-Cloud Routing

Ground Station Access

Utility & Hosting

The physical facility layer: Power, Thermal, and Slots.

Payload Hosting Slots (U/kg)

Power Availability (Watts)

Thermal Rejection (W_th)

Sensor Tasking Windows

Data Services

The application layer. Finished intelligence products delivered via API.

Object Detection Feeds

Change Monitoring

RF/Sigint Data

Archive Access

Control Plane

The operating system. The software that orchestrates multi-tenancy, security, and billing.

Identity & Access (IAM)

Resource Scheduling

Node, Port & Modules Mgmt

Usage Metering & Billing

Compliance & Audit

MARKET FORECAST • 2026–2030

The $50 Billion Service Economy.

Hardware is the enabler. Capacity is the product.

Traditional forecasts measure the space economy by satellites launched. We measure it by Service Revenue generated.

Our 2030 model projects the convergence of three distinct revenue layers: Intelligence (Data), Transport (Mesh), and Compute (Edge). While Intelligence provides the foundation, Orbital Compute represents the high-margin growth wedge that will define the next decade of valuation.

ORBITAL COMPUTE

+60% CAGR

The Growth Wedge

TRANSPORT MESH

$18B SAM

Secure Backhaul

INTELLIGENCE

$22B SAM

The Foundation

Vendor Landscape

The Orbital Cloud is a services market — outcomes, not spacecraft.

Customers don't want to buy "space infrastructure." They want compute near the sensor, predictable tasking + delivery SLAs, and results back fast at a good price.

This shift is already visible in procurement: agencies increasingly subscribe to data and services instead of owning every satellite program end-to-end. The market is organizing around service layers: data products, hosted capacity, delivery (ground + network), and the control plane (scheduling, isolation, metering, priority).

Bottleneck Dashboard

The constraints that will cap orbital cloud scale.

Active Constraint

CRITICAL

233%

Supply deficit in Methalox Liquefaction across Boca Chica / Cape Canaveral

TickerRoleConviction
$SLNGLiquefaction
High
$GTLSHardware
Long
$DLNGStorage
Speculative

THE ARCHITECTURE

Complexity, Abstracted.

From "Acronym Soup" to Digital Utility.

The space industry is fragmenting into a complex web of physical services: SataaS (Buses), SRaaS (Refueling), GSaaS (Ground Segments), PaaS (Payloads) and SDaaS (De-orbiting).

To the infrastructure provider, these are critical supply chain layers. To the customer, they are friction. The Orbital Cloud thesis is defined by the abstraction of these physical logistics into digital SLAs. The user provisions capacity; the platform handles the physics.

Compute

Transport

Utility

THE CLOUD ABSTRACTION

SRaaS

GSaaS

SataaS

ISMaaS

SDaaS

SOaaS

Orchestration & Metering

The software layer that makes multi-tenancy possible.

Control Plane Dashboard

Security Isolation

Multi-tenant security with identity and access management

Resource Metering

Real-time tracking of compute, power, and bandwidth usage

SLA Monitoring

Continuous monitoring of service level agreements

Billing

Usage-based billing and invoicing for the orbital economy

Hardware gets you to orbit. The Control Plane manages the business. Identity, security, and metering for the multi-tenant orbital economy.

THE OPPORTUNITY

The Application Layer.

Infrastructure is ready. The code is yet to be written.

The iPhone enabled Uber. The Orbital Cloud will enable a new class of software vendors that don't exist yet. By abstracting space into an API, we create the conditions for 'Orbital-Native' applications—software that solves terrestrial problems using zero-latency orbital capacity. We have mapped the five most lucrative business models waiting for founders.

Global Supply Auditor
Parametric Insurer
Dark Ship Hunter
Grid Monitor
Protein Studio
MARKET ALERT • ORBITAL ECONOMICS

THE ORBITAL ARBITRAGE

The convergence of Starship launch costs ($30/kg) and infinite solar availability has inverted the cost structure of compute. We model the crossover point where orbital data centers become cheaper than terrestrial facilities.

Key Finding: Moving a 40MW AI training cluster to LEO eliminates the "Water Tax" and reduces OpEx by ~92% over a 10-year lifecycle.

MARKET DEFINITION

Space Cloud vs. Orbital Cloud

The market is confusing connectivity with compute. We map the divergence between "Legacy Ground Stations" (Gen 1) and "Orbital Data Centers" (Gen 2).

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