Satlyt Raises $8 Million, Launches Satellite AI With SpaceX and Google Prototype
Updated
Updated · TechCrunch · Oct 13
Satlyt Raises $8 Million, Launches Satellite AI With SpaceX and Google Prototype
2 articles · Updated · TechCrunch · Oct 13
Summary
$8 million in seed funding gives Satlyt fresh backing as its satellite AI software heads to orbit Thursday on a SpaceX launch alongside Google’s Project Suncatcher prototype.
Satlyt sells software rather than spacecraft, aiming to run AI models across many operators’ satellites so data can be processed in orbit instead of sent back to Earth slowly and expensively.
A Momentus test earlier this year used Google DeepMind’s Gemma model to shrink transmissions about onboard software errors by more than 60%, savings Satlyt says can reach hundreds of thousands of dollars per satellite annually.
This week’s mission flies on TakeMe2Space hardware for three customers—NASA, Stellerian and TakeMe2Space itself—while Satlyt targets a two-satellite shared computing demo next year and says it wants to be on 20% of satellites by 2030.