Satlyt raises $8M to run AI on satellites
TechCrunch: Satlyt, founded by a former Google and SpaceX product manager, raises $8M to run AI on satellites
Satlyt wants to be the Android of orbital computing, offering open software that works on many companies' satellites, versus SpaceX's closed, all-in-one iPhone-style approach.
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Satlyt is a software company founded by a former Google and SpaceX engineer that creates tools to run AI models directly on satellites. The company raised $8 million in funding and is launching its software this week on a spacecraft, where it aims to help satellites process data and make decisions independently rather than sending information back to Earth. This matters because running AI computations on satellites can reduce costs and transmission times compared to ground-based processing, potentially saving hundreds of thousands of dollars per satellite annually. Satlyt's strategy differs from competitors like SpaceX and Google, which are building their own spacecraft, because it instead offers software that can work across many different companies' satellites, similar to how platform companies like VMware operate.
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