Lonestar Data Raises $6.6M for Lunar Data Centers, Names New CEO
Lonestar Data Holdings has raised $6.6 million to further its plans for lunar data centers, appointing Stephen Eisele as CEO while founder Chris Stott transitions to executive chairman. The funding will support the deployment of data storage satellites and the establishment of data centers on the Moon and in lunar orbit by the early 2030s, addressing the growing energy demands for AI data centers.
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Lonestar Data Holdings has secured $6.6 million in funding to advance its plans for deploying data centers on the Moon and in lunar orbit. The funding round, led by Atypical Ventures and The Veteran Fund, coincides with leadership changes; Stephen Eisele has been appointed CEO, while founder Chris Stott becomes executive chairman.
Lonestar's initial lunar data center was deployed during the IM-2 mission last year. The company plans to focus on satellite-based data storage, having signed a $120 million agreement with Sidus Space to launch six cis-lunar data storage satellites.
Lonestar aims to establish data centers at the Lunar L1 Lagrange point and on the lunar surface by the early 2030s. The initiative responds to increasing energy demands for AI data centers, with industry leaders like Elon Musk and Jeff Bezos exploring similar space-based solutions.
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