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Sophia Space Announces $7 Million SAFE Financing, Bringing Total Funding to $22 Million

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Strategic investors include EverGreen Fund – The NVIDIA Alumni Investment Network, SparkLabs Group, and other leading backers supporting the future of AI-powered space technology.

PASADENA, Calif., June 23, 2026 /PRNewswire/ — Sophia Space, the company building the next generation of AI infrastructure and intelligent systems for the space economy, today announced the finalizing of a $7 million SAFE financing round, bringing the company’s total funding to $22 million to date.

The round includes participation from EverGreen – The NVIDIA Alumni Investment Network – Evergreen, SparkLabs Group, and other strategic investors who share Sophia Space’s vision of accelerating the convergence of artificial intelligence and space technologies.

The new capital will be used to expand product development, grow engineering and commercial teams, accelerate strategic partnerships, and support deployment of Sophia Space’s technology platform across government, commercial, and international markets.

“This financing marks an important milestone,”said Rob DeMillo, Founder and CEO of Sophia Space. “As initiatives like Golden Dome and proliferated satellite constellations reshape the space landscape, demand for autonomous, on-orbit computing is growing rapidly. We’re grateful for the support of investors who share our vision for the future of intelligent space infrastructure.”

The participation of EverGreen, SparkLabs, and other prominent technology-focused investors underscores growing market confidence in the transformative potential of AI-enabled space technologies and autonomous systems.

“EverGreen backs companies at the frontier of AI infrastructure, and Sophia Space is a direct expression of that mission. Building modular, AI-optimized compute for orbit isn’t an adaptation of Earth-based architecture. It’s a ground-up rethink. Our network brings deep expertise across the full AI and HPC stack, and we’ll support Sophia not just at close but through the technical and commercial milestones ahead,” said Jeff Brown, Founding Partner at EverGreen, the NVIDIA Alumni Investment Network. .  

“Sophia Space is operating at the intersection of two of the most transformative technology trends of our time: artificial intelligence and the expanding space economy,” noted Bernard Moon, Co-founder & Partner at SparkLabs Group.  “Their team has demonstrated a clear vision, strong technical execution, and a compelling strategy for building the intelligent infrastructure that future space operations will require.”

Since its founding, Sophia Space has focused on developing technologies that enable more intelligent, scalable, and autonomous operations across the rapidly expanding space economy. The company is positioned at the intersection of artificial intelligence, advanced computing, and aerospace innovation, addressing emerging opportunities in both terrestrial and orbital environments.

“We believe the future of space will be increasingly driven by intelligent systems,” added Founder and CTO Dr. Leon Alkalai. “This investment allows us to move faster, deepen our technical capabilities, and continue delivering solutions that help define the next era of space innovation.”

With total funding now reaching $22 million, Sophia Space is accelerating its roadmap while expanding its presence within the global AI and aerospace ecosystems.

About Sophia Space  

Sophia Space is building advanced AI-powered technologies and infrastructure for the emerging space economy. By combining cutting-edge artificial intelligence, autonomous systems, and aerospace innovation, the company enables organizations to operate more intelligently, efficiently, and securely across space and terrestrial environments.

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SOURCE Sophia Space

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Huawei’s 506 kW Smart String Inverter Won the Smarter E AWARD at Intersolar Europe 2026

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MUNICH, June 23, 2026 /PRNewswire/ — At Intersolar Europe 2026, Huawei’s 506 kW Smart String inverter (SUN2000-506KTL), won the smarter E AWARD 2026 in the “Photovoltaics” category, also the only award-winning photovoltaic inverter in utility scenario. This marks Huawei obtained one of the highest recognition in the PV industry.

Huawei’s new flagship product – the SUN2000-506KTL is the first 500kW+ string inverter that commercialized in the industry. It’s not just the simple upgrade in power & voltage on the previous generation of SUN2000-330KTL. The SUN2000-506KTL delivers 3 pioneering breakthroughs: industry’s first 1000Vac PV string inverter, industry’s first grid-forming string inverter and with industry’s highest power density. It provides customers with 4 core benefits – optimized investment returns, enhanced grid-forming capabilities, efficient O&M and superior safety & reliability, and elevating the innovation of smart string inverter to a new level. 

As the flagship product of Huawei’s next-generation utility-scale Smart PV solution FusionSolar9.0, the 506KTL string inverter is already in large-scale deployment. Since 2025, Huawei rolled out the solution across diverse scenarios in the Chinese market, and international adoption is accelerating rapidly. More than 10GW of projects globally are currently under construction using FusionSolar9.0, as developers across multiple markets have re-evaluated their designs in favor of the solution’s lower BOS and superior lifecycle economics.

Huawei is committing to supporting the energy transition with solutions that are technically leading, commercially robust, and built for the long term. By enabling solar plants to become intelligent, grid-supporting assets — not passive generation sources — to drive the high-quality development of the industry.

The smarter E AWARD is a great recognition of Huawei’s dedication in innovation. Huawei stated at the award ceremony that, it was a great motivation for the team, which was far more than an honor, but a powerful affirmation of Huawei’s persistent innovation pursuits, relentless technological exploration, and customer-centric philosophy.

Guided by the brand concept “Making the Most of Every Ray”, Huawei is committed to unlocking the full potential of solar energy by bringing more reliable, high-value and innovative solutions.

Huawei will always uphold open collaboration, working hand-in-hand with global partners to offer high-quality product and solutions continuously, and create a greener and better future together.

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SOURCE Huawei Digital Power

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State Grid Changzhou Power Empowers Targeted Low-Carbon EV Charging to Boost Local Green Power Consumption

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CHANGZHOU, China, June 23, 2026 /PRNewswire/ — State Grid Changzhou Power Supply Company has launched a customized low-carbon charging initiative at Chuangzhi Park in Liyang High-Tech Zone, Changzhou City, to guide electric vehicle (EV) owners to charge during renewable energy peak periods, accelerate local photovoltaic power accommodation and advance the development of smart and green transportation energy systems.

Deployed at the fast-charging station inside the industrial park, the innovative low-carbon charging program adopts an incentive-based carbon point mechanism. EV users who charge their vehicles during designated green electricity peak windows recommended by the official mini-program will earn exclusive carbon points, which can be directly redeemed to offset their subsequent charging fees.

The user-oriented incentive model has been well received by local EV owners. “I have followed the charging time recommendations on the mini-program for three consecutive days. The carbon points I have accumulated so far can cover roughly one-third of the electricity cost for my next full charge,” shared Wang, a local EV owner who has participated in the low-carbon charging activity.

Behind the precise time guidance for low-carbon charging lies a park-specific smart energy management platform independently built by State Grid Changzhou Power Supply Company. Leveraging time-of-use and regional electricity carbon emission factor technology, the platform conducts big data analysis based on real-time photovoltaic power generation output of the park and real-time charging order data of all vehicles at the charging station. It realizes dynamic and accurate classification of low-carbon energy consumption periods throughout the day.

Chen Chang, a marketing staff member from State Grid Changzhou Power Supply Company, elaborated on the digital smart charging solution: “Supported by accurate digital monitoring and data analysis, our platform pushes real-time optimal low-carbon charging time slots to users’ mobile mini-programs. We advocate EV owners to prioritize green renewable electricity for daily charging.”

“This initiative brings dual benefits for individual users and the industrial park. For EV owners, they can practice a low-carbon lifestyle while cutting daily vehicle charging expenditures with redeemable carbon points. For the park, concentrated charging during photovoltaic peak hours effectively improves the on-site consumption rate of distributed photovoltaic power, reducing power abandonment and optimizing the local energy structure,” Chen added.

The ongoing low-carbon charging campaign will last until the end of June 2026. To further scale up local photovoltaic power accommodation during the Dragon Boat Festival holiday, the charging station has launched a limited-time triple carbon points promotion throughout the holiday period. By leveraging economic incentives, the company further motivates EV users to align their charging behaviors with local renewable energy generation rhythms.

Moving forward, State Grid Changzhou Power Supply Company will continue to deepen digital energy service innovation, replicate the mature smart low-carbon charging model across more industrial parks and public charging stations in Changzhou. The company will further integrate distributed new energy resources and public charging infrastructure, contributing to regional carbon peaking and carbon neutrality goals as well as the high-quality development of the new power system.

 

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SOURCE State Grid Changzhou Power Supply Company

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Netlight supported selected digital development activities related to BMW Group’s Neue Klasse

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Netlight, an international digital consultancy, supported the BMW Group in selected digital development activities in the context of the Neue Klasse. The collaboration involved close cooperation with BMW Group teams and focused on contributing digital and engineering expertise within defined project scopes.

LONDON, June 23, 2026 /PRNewswire/ — “The BMW Group’s Neue Klasse is more than a new generation of cars or software. It marks a cornerstone of a consequent journey to a new digital era, putting personalisation, digital innovation and unique driving experience in the customers’ hands. I believe this launch truly accelerates the transformation making the BMW Group a sustainable and high-paced digital leader,” says Dr. Max-Emanuel Maurer, Principal Consultant, Netlight.

Netlight contributed technical and methodological expertise to support ongoing development activities, focusing on software quality, development efficiency and collaboration within complex digital environments.

“This collaboration is a strong example of how digital co-creation can drive real innovation in the automotive industry. We are proud to support our clients as they transform and set new standards for user experience and technology,” says Katri Junna, Co-CEO of Netlight.

The collaboration illustrates how external digital expertise can support complex development projects within large-scale automotive environments.

About Netlight   
Netlight is an international digital consultancy, helping leading companies to succeed in the digital landscape, from advice to implementation. Our service contains the collective intelligence of 2200 consultants offering a comprehensive range of digital services, from strategy to technology. We support industries that are facing new challenges and opportunities based on new technology, to make better business. Netlight has been awarded several times for profitable growth and management, as a top employer, and for our engagement in Diversity, Equity, and Inclusion. Located in Stockholm, Gothenburg, Oslo, Helsinki, Copenhagen, Munich, Hamburg, Berlin, Frankfurt, Zurich, Cologne, Amsterdam, London, Madrid, Vienna and Toronto. Co-creating the future today, since 1999. 
www.netlight.com 

Contact: 
Anna Moore  
Senior PR & Communications
anna.moore@netlight.com  

Logo – https://mma.prnewswire.com/media/2924985/6009872/Netlight_Logo.jpg

 

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