Cowboy Space raises $275M for orbital data centers

Cowboy Space Corporation has secured $275 million in Series B funding to develop its own rocket program, aiming to overcome the scarcity of launch vehicles for orbital data centers. The company, formerly Aetherflux, pivoted from space-based solar power to address the growing demand for AI compute infrastructure in orbit. CEO Baiju Bhatt believes building proprietary rockets is essential for scaling the business and competing economically. This funding will support the development of custom rockets designed to launch their data center satellites, positioning Cowboy Space as a direct competitor to established players like SpaceX and Blue Origin.