A Chinese startup just received $8.4 billion in credit — enough to fund 168 Falcon 9 launches — to build the world's first data centers in orbit.
China Is Backing an Orbital Data Center Startup With $8.4 Billion in Credit Lines
Beijing-based Orbital Chenguang has secured strategic credit lines totaling 57.7 billion yuan ($8.4 billion) from 12 major financial institutions, including the Bank of China, Agricultural Bank of China, and CITIC Bank. These are credit agreements representing potential financing rather than committed capital — but the scale and the institutions involved signal strong backing. The company also completed a Pre-A1 equity round with participation from Haisong Capital, CITIC Construction Investment Capital, Cathay Capital, and others, though the value was not disclosed.
Orbital Chenguang is incubated by the Beijing Astro-future Institute of Space Technology, backed by Beijing's municipal science and technology commission and the Zhongguancun Science Park administration. The company appears to be a commercial node within a broader state-backed effort. Its chief scientist has cited the core problem driving the push: ground-based data centers face land constraints, soaring energy consumption, and cooling limits. The planned constellation would sit in dawn-dusk orbit at 700–800 kilometers, offering near-continuous solar power and passive cooling — theoretically enabling computing at a scale impractical on Earth. A power capacity exceeding 1 gigawatt is reported.
The roadmap runs in phases. An initial launch phase covering core technical challenges spans 2025–2027, with Earth-space integration targeted for 2028–2030 and a large-scale space data center by 2035. An experimental satellite, Chenguang-1, was slated for late 2025 or early 2026 but does not appear to have launched.
Gobble's Take: $8.4 billion in credit lines is a bet, not a bank transfer — but in the race for orbital computing, China is clearly buying a seat at the table.
Source: SpaceNews
NASA's Artemis II Is Stacked, Crewed, and Closing In on a 2026 Launch
Artemis II — the first crewed mission around the Moon in more than 50 years — is slated to launch in early 2026. NASA has completed stacking of its Space Launch System rocket and Orion spacecraft at Kennedy Space Center, integrating boosters, core stage, Orion's stage adapter, and launch abort system. The SLS rocket's twin solid rocket boosters now display the America 250 emblem ahead of the nation's 250th birthday.
The crew isn't just waiting. The Artemis II astronauts have completed more than 30 mission simulations alongside ground teams, preparing for any situation that may arise during the test flight. Next up: a countdown demonstration test where the crew will don survival suits and strap into Orion — a full dress rehearsal for launch day. NASA also worked with the Department of War on a week-long underway recovery test to safely retrieve the astronauts after splashdown.
The mission's core job is confirming systems and hardware for what comes next. Artemis III — the actual lunar landing — depends on what Artemis II proves. Meanwhile, NASA has 59 nations signed onto the Artemis Accords and 10 new astronaut candidates in training for future Moon and Mars missions. The pipeline is real and moving.
Gobble's Take: Thirty simulations and a stacked rocket mean 2026 isn't a maybe — it's a countdown.
Source: NASA
2026 Could Be the Most Consequential Year in Space Science in Decades
Astronauts will travel around the Moon for the first time since Apollo 17 in December 1972. NASA's Artemis 2 mission, targeting launch as early as April 2026, will send four astronauts on a 10-day journey around the Moon and back. That alone would make 2026 historic — but it's only one piece of a much larger story.
Three major space telescopes are converging on the same launch window. NASA's Nancy Grace Roman Space Telescope — fully assembled at Goddard Space Flight Center — could launch as early as fall 2026. Its 300-megapixel camera captures regions of sky 100 times larger than Hubble's field of view at comparable sharpness. Over its five-year primary mission, Roman is expected to discover more than 100,000 exoplanets and map billions of galaxies. ESA's PLATO mission launches in December 2026 aboard an Ariane 6 rocket, monitoring roughly 200,000 stars with 26 cameras to search for rocky planets in habitable zones. China's Xuntian telescope — with a field of view more than 300 times larger than Hubble's — is also expected to launch in late 2026, co-orbiting with the Tiangong space station so astronauts can service and upgrade it.
India is targeting crewed spaceflight milestones through its Gaganyaan program, planning uncrewed test flights in 2026 as it works toward becoming only the fourth nation to achieve independent human spaceflight.
Gobble's Take: Four nations racing to the Moon and three flagship telescopes launching in the same year means 2026 will reshape both what we know about the universe and who gets to explore it.
Source: Astronomy Magazine
Curiosity Found Life's Chemical Fingerprints on a Martian Lakebed — Again
Thirteen years into its mission, NASA's Curiosity rover is still surprising everyone. Drilling into a fist-sized rock on the floor of Gale Crater — once a lake that held liquid water for millions of years — the rover's onboard lab detected thiophenes and carboxylic acids, carbon-based molecules that on Earth are fundamental to cell membranes and metabolic chemistry. The find marks one of the most complex organic cocktails yet pulled from Martian rock.
No one is claiming this proves life existed on Mars. But the chemistry is harder to dismiss than previous finds. These molecules survived billions of years of radiation that should have destroyed them, suggesting they were locked inside the rock in concentrations high enough to outlast the planet's atmospheric collapse 3.5 billion years ago — when Mars lost its magnetic field, its water, and most of its air in a geologic eyeblink. The MAVEN orbiter, circling Mars overhead, has separately confirmed how catastrophically the atmosphere bled away into space. That organics endured anyway is the puzzle.
Earth life began in shallow, chemistry-rich lakes not unlike what Gale Crater used to be. Mars is whispering that it tried.
Gobble's Take: We keep finding the ingredients — the sample return mission that could find the recipe can't launch fast enough.
Source: Phys.org
Quick Hits
- Milky Way photographed over Russia's Peschanka: A stunning ground-level shot of the galactic core rising over the remote Siberian steppe is making the rounds — proof that the best astronomy gear is still patience and a dark sky. r/Astronomy
- 2026 is shaping up to be the busiest year in space science history: New telescopes targeting 100,000 exoplanets, multiple lunar landers, and the first crewed cislunar flight in five decades — all in one calendar year. Astronomy Magazine
In Case You Missed It
Yesterday's top stories:
- NASA Pulls the Plug on Voyager 1's Last Healthy Eye to Keep the Probe Alive
- Blue Origin Nailed the Landing, Killed the Satellite, and Got the Whole Fleet Grounded
- The U.S. Military Ditched One Rocket for Another Mid-Mission — and the GPS Satellite Made It to Orbit Anyway
- SpaceX's Next ISS Cargo Run Is Carrying Wood-Based Bone Scaffolds to Space
Related reads
Other Gobbles stories on similar themes.
Two Weeks With No Texts From Earth Is Exactly the Point
China's Private Space Industry Just Got Its Rulebook — 48 Standards, 68 Organizations, One Audacious Target
SpaceX Eyes $60 Billion AI Grab While Musk Dreams of Orbital Servers
Space is getting expensive — and fast
Was this briefing useful?
One tap helps Gobbles learn what to cover more carefully.
Get Space Race in your inbox
Free daily briefing. No spam. Unsubscribe anytime.
