ChengduAdaspace ran an AI traffic-analysis model aboard a satellite already in orbit.

Processing in orbit lets a satellite send back road-network analysis instead of every pixel.

Adaspace has launched 20 computing satellites, 12 in May 2025 and 8 this October, and engineers on the ground can upload new software to them.

The company’s shares begin trading in Hong Kong on 13 November.

How each outlet framed it
TechNode
reports the in-orbit demo as a business pivot: a satellite maker could also rent compute space, tied to its Hong Kong IPO on Nov 13

Sources: TechNode