Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Technology

Space startups seek insurance for orbital AI data centers

Space companies have spoken with insurers about coverage for orbital ​AI data centers, a sign of ​early progress for an experimental industry backed by Elon Musk's SpaceX and Jeff ​Bezos' Blue Origin.

The concept of data center satellites - designed to bypass Earth's power constraints - has drawn growing attention since Musk described them as the future of artificial intelligence development ahead of SpaceX's record‑breaking public listing this month. Securing insurance ‌is critical for ⁠companies trying ⁠to move orbital data centers from concept to reality. Without coverage for the costly hardware and risks involved, attracting the ​debt financing needed to scale such ventures would be difficult.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.