Meta wants to power data centers from space

• "This is among the largest commitments to ultra-long-duration storage in the industry, setting an example for how technology companies can power AI and cloud infrastructure using storage to maximize availability of energy," the companies said.

Driving the news: Meta's and Overview's "reservation agreement" is for up to 1 gigawatt of capacity.

• Overview, which emerged from stealth in late 2025, hopes to begin commercial deployment in 2030.

Zoom (way) out: The idea is to collect solar energy in space and beam it to on-the-ground solar projects, "allowing these assets to maximize utilization and produce power around-the-clock," the companies said.

• This would, in theory, enable more power from existing solar installations without needing new land and grid interconnection queue waits.
• "This means solar farms that currently sit idle at night can keep producing electricity around the clock, maximizing their output and creating more energy for the grid," the companies said.

The bottom line: It sounds kinda out there (no pun intended).

• But Overview's backers include known quantities in the VC world like Lowercarbon Capital and Engine Ventures.