Space Computing Startup 'NewOrigin' Raises Tens of Millions to Build Space Data Centers

Founded in 2025, NewOrigin focuses on space computing satellites. Its core team comes from the Chinese Academy of Sciences' BeiDou-3 development team, with experience building over 10 high-orbit and 30 low-orbit satellites. The flagship product 'Xuanji-1' is a 500kg low-orbit satellite with 7-10kW power, carrying 9-16 computing payloads. The satellite design is nearly complete, targeting 10 petaFLOPS to run lightweight large models in orbit without transmitting data to ground. The company plans to reduce per-satellite cost from 30 million to 10 million yuan through iterations, and expects reusable rockets to lower launch cost to 10,000 yuan per kilogram. Long-term goal is to build a constellation of hundreds to thousands of low-orbit computing satellites, supported by medium-orbit communication satellites for user access. Near-term focus is securing first orders and proving the technology before moving to independent operation. Founder Sun Xiaolei believes that with AI computing demand surging, ground-based computing may become insufficient, and space computing will become commercially viable within 5-10 years.