Dr. Richard Lu reports

POWERBANK ANNOUNCES STRATEGIC INVESTMENT IN ORBIT AI FOLLOWING SUCCESSFUL SATELLITE ROCKET LAUNCH OF THE "GENESIS" SPACE MISSION

Powerbank Corp. has signed a definitive subscription agreement for a strategic investment of $500,000 (U.S.) by Powerbank into Orbit AI. This milestone capital infusion follows the historic technical success of the Orbit AI Genesis mission in December, 2025, and signals the beginning of a multiphase global expansion, including a structured framework for additional future financing. This investment is being made in support of the previously announced collaboration framework agreement between the parties.

A technological breakthrough in Orbit

The investment comes as Orbit AI transitions from a technological proof-of-concept to fully operational infrastructure. On Dec. 10, 2025, the Orbit AI Genesis satellite achieved all mission objectives. As the world's first system to integrate on-orbit blockchain validation -- including active blockchain node operations -- with artificial intelligence inference computing, the satellite has verified the technical viability of the orbital cloud at the current scale.

Orbit AI has been circling Earth at approximately 7.59 kilometres per second, completing a full orbit every 95 minutes at an altitude of roughly 547 km. Utilizing an agile and efficient supply chain and proprietary architecture designed by a core team of aerospace, AI and solar energy experts from Tsinghua University, NTU and HKU, the Genesis satellite leverages:

• 24-seven solar autonomy: continuous access to high-intensity solar energy in low Earth orbit;
• Passive radiative cooling: utilizing the space vacuum to eliminate the massive thermal management costs that plague terrestrial AI clusters;
• DeStarAI and DeStarlink: integrating orbital AI compute infrastructure with a decentralized communication network to form a seamless digital layer in space.

Strategic capital and future investment framework

Powerbank is one of the first solar and energy players moving into the space infrastructure market. The collaboration contemplates Powerbank supporting solar energy systems and adaptive thermal control solutions for future Oribt AI missions. The investment secures an economic interest in Orbit AI's future.

Under the terms of the agreement, Powerbank has completed a $500,000 (U.S.) strategic investment. To support the rapid scaling of the constellation, the agreement also establishes a framework for future capital participation. Powerbank maintains an option to increase its stake through an additional investment of $500,000 (U.S.) within the next 12 months. This structure ensures that Powerbank remains a core partner as Orbit AI moves toward its next phase of commercial deployment.

"The successful operation of the Genesis satellite has turned a paradigm-shifting concept into a verified reality," said Dr. Richard Lu, chief executive officer of Powerbank. "By moving AI computing into space, we are bypassing the energy and cooling bottlenecks of Earth. This $500,000 investment, and the provisions for future expansion, is a testament to our long-term commitment to building a sovereign, AI-driven digital layer that operates beyond terrestrial limitations."

Patrick Zhou, chief executive officer of Smartlink AI, added: "Orbit AI is no longer just a vision; it is a functioning infrastructure. With the support of Powerbank's expertise in advanced solar systems and this new capital, we are accelerating our road map to deploy 5,000 satellites by 2030, aiming to become the premier builder and operator of the global Space AI plus communication constellation."

Entering a potential $700-billion market

Orbit AI is positioned at the intersection of three sectors: satellite communications, AI infrastructure and blockchain. By 2032, the projected size of global satellite market is $615-billion (U.S.). Additional opportunities span orbital infrastructure, in-orbit data centres and satellite data services, representing a combined market potential of $115.64-billion (U.S.) over the next decade.

The terms of the investment are as follows. Powerbank has made a $500,000 (U.S.) strategic investment in Orbit AI, enabling participation in this next-generation orbital infrastructure frontier. Powerbank maintains an option to increase its stake through an additional investment of $500,000 (U.S.) within the next 12 months. With plans to achieve long-term operating costs lower than terrestrial AI clusters, Orbit AI intends to provide a sustainable and economically superior alternative for the next generation of global data processing. Powerbank is positioning itself as a shareholder and future collaboration partner with Orbit AI with the intention to support the energy backbone to this next-generation orbital infrastructure.

Orbit AI's chief financial officer is related to Powerbank's chief executive officer and director Dr. Lu. Dr. Lu has disclosed this relationship to the Powerbank's board of directors and abstained from voting on the approval of this transaction.

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 projects that sell electricity to utilities, commercial, industrial, municipal and residential offtakers. Powerbank maximizes returns through a diverse portfolio across leading North American markets and has a potential development pipeline of over one gigawatt, with over 100 megawatts built to date.

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