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Aetherflux / Cowboy Space Corporation

Verified

DOD-backed US entrant (rebranded Cowboy Space May 2026) building LEO data-centre constellation with space-based solar power.

  • competitor
  • orbital-datacenter
  • usa
  • dod-backed
Reviewed 2026-06-26

Summary

Rebranded from Aetherflux to Cowboy Space Corporation in May 2026 after a $275M Series B at $2B valuation. Building a LEO data-centre constellation with space-based solar power ("Galactic Brain"); DOD funding approved for a White Sands demo in June 2026 and an FCC filing for a 20,000-satellite "Stampede" constellation followed six days after the round.

Highlights

  • DOD funding via OECIF approved; White Sands demo June 2026
  • $275M Series B at $2B valuation (May 2026) — rebrand to Cowboy Space
  • One of six Nvidia Space-1 Vera Rubin partners (March 2026)
  • 20,000-satellite "Stampede" FCC filing (May 2026)
  • Q1 2027 first commercial ODC target

Watchlist

  • Space-based solar unproven at scale — first real test is the White Sands demo
  • DOD involvement may constrain commercial partnerships
  • Direct Seattle talent competition with Starcloud