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Phantom Space Builds Orbital Data Centers
13 Apr
Summary
- Phantom Space acquired Thermal Management Technologies for spacecraft heat control.
- Company targets a 66-satellite constellation for data processing in orbit.
- A demonstration mission is planned for the second half of 2027.

Phantom Space is advancing its vertically integrated model to compete in the emerging orbital data center market, driven by soaring AI demand. The company recently acquired Thermal Management Technologies (TMT), a specialist in spacecraft heat control, addressing a key challenge for high-performance computing in orbit.
This acquisition follows Phantom's earlier purchase of assets from Vector Launch, supporting their Daytona rocket scheduled for a 2027 maiden flight. Phantom plans to offer independent satellite and launch services, but also aims to integrate them into a Phantom Cloud constellation for in-orbit data management.
A Block I demonstration mission, comprising two spacecraft, is targeted for the second half of 2027, with subsequent deployment of a full 66-satellite constellation. Phantom is focusing on executing this mission under experimental authorizations, with plans to improve economics and deployment speed once the Daytona rocket is operational.
Phantom Cloud is positioned as an open orbital data platform for data backhaul and edge processing, differentiating it from other large-scale space-based computing efforts. The company is also developing 10-kilowatt-class Galactic Sky "micro data centers" to enhance edge-processing capabilities within its network.