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Powerbank Corp
Symbol SUNN
Shares Issued 35,707,018
Close 2026-01-22 C$ 2.56
Market Cap C$ 91,409,966
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Powerbank talks real-time Genesis-1 satellite tracker

2026-01-22 16:22 ET - News Release

Dr. Richard Lu reports

POWERBANK CORPORATION HIGHLIGHTS REAL-TIME SPACE SATELLITE TRACKING DASHBOARD

Powerbank Corp. today emphasized the role of Orbit AI's publicly accessible real-time satellite tracking dashboard as a reference point for monitoring the on-orbit status and uptime of Orbit AI's Genesis-1 satellite. Genesis-1 operates using space infrastructure supporting Orbit AI's on-orbit compute workloads and telemetry operations. Powerbank is a collaboration partner of Orbit AI.

The tracker, accessible at the Intellistake website and sourced from Orbit AI's public orbital data, provides continuous visibility into Genesis-1's orbital position, velocity, altitude and operational status. Powerbank views this transparency as a practical mechanism for observing sustained satellite operations following Genesis-1's successful deployment and continuing mission activity.

Operating AI workloads directly in orbit, rather than relying exclusively on ground-based processing, provides an early reference point for how future AI infrastructure may evolve under real-world physical constraints. Powerbank views Genesis-1 as an initial operational node within a broader space-enabled compute architecture, where repeatable uptime and observable execution are foundational for scale.

Gus Liu, co-founder and chief executive officer of Smartlink AI, commented: "Orbit AI is one of the world's fastest companies to deploy operational-grade AI cloud computing in space. We have successfully run our proprietary PLM (peripheral language model) on Nvidia AI chips aboard satellites to execute in-orbit missions. This milestone marks the birth of the world's first decentralized operational-grade AI cloud, overcoming the constraints of Earth's power and infrastructure limitations."

"From Powerbank's perspective, this isn't just about demonstrating a satellite," said Dr. Richard Lu, chief executive officer and president of Powerbank. "It's about whether solar-powered space infrastructure can deliver observable, measurable performance over time. That's the baseline for any meaningful on-orbit compute capability. Reliable renewable energy infrastructure is foundational for advanced AI workloads in space. Genesis-1 demonstrates how space-based platforms powered by solar infrastructure can provide the energy delivery, stability and operational continuity required as demand grows for compute beyond terrestrial constraints."

As global AI demand intensifies, ground-based infrastructure is increasingly limited by power availability, cooling requirements and land constraints. Powerbank views space-based infrastructure powered by solar energy as an emerging complement to terrestrial systems, where observable execution and energy efficiency will become critical differentiators.

The company cautions that certain operational metrics referenced herein are based on information provided by Orbit AI and have not been independently verified. Powerbank will continue to monitor progress and will provide additional updates as warranted.

At this time Powerbank elected not to make an investment in Orbit AI and the terms of any remuneration for services Powerbank may provide Orbit AI have not yet been determined.

About Powerbank Corp.

Powerbank is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the United States. The company develops solar and battery energy storage system (BESS) projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar and virtual net metering projects. The company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.

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