Meta Platforms (META) has signed an agreement with Overview Energy to secure up to 1 GW of power capacity from its space-based solar infrastructure. The companies said an initial orbital demonstration is planned for 2028, with commercial power delivery expected in 2030.
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For context, Meta Platforms is a U.S.-based technology company that owns Facebook, Instagram, WhatsApp, and other digital platforms. It is also heavily investing in AI, virtual reality, and large-scale data center infrastructure to support its long-term growth. Meanwhile, Overview Energy is a space-based solar startup that captures sunlight in orbit and beams it back to Earth for continuous clean power.