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Off the Wire Press Releases Purpose built to put compute in orbit, the vehicle will carry more than 15,000 kg per launch and fly third-party payloads to help ease a national shortage of launch capacity SAN CARLOS, Calif., Oct. 28, 2026 — Cowboy Space Corporation, the orbital infrastructure company founded by Robinhood co-founder Baiju Bhatt, has unveiled the architecture of its launch vehicle, “Big Iron,” whose upper stage is designed to stay in orbit as a megawatt-class data center. The company also introduced “Big Iron Express,” a commercial launch program for outside customers who need megawatt-class power in orbit, whether for compute or other uses. “We set out to build data centers in space and found there weren’t enough rockets to get them there, so we’re building our own,” said Baiju Bhatt, founder and CEO of Cowboy Space Corporation. “Our design puts us on a path to cost parity with terrestrial data centers, so that orbital compute costs less than AI compute on the ground. Opening it to the rest of the industry makes every flight safer and more efficient, and gives the country another path to orbit.” Cowboy designed Big Iron around the single purpose of putting data centers in space, which makes it simpler and more efficient to build and fly than a general-purpose vehicle. To further optimize the cost and production speed, many of the rocket’s features serve dual-purposes depending on whether it is on ascent or in orbit. For example, Big Iron’s skin becomes the data center’s radiator; the ammonia propellant becomes the coolant; and the nitrogen pressurizing the rocket’s second stage deploys the satellite’s solar wings. The key to Cowboy’s design is that rather than deploying a small satellite and being discarded, the upper stage joins Cowboy’s constellation, so every launch grows its compute capacity at a cost competitive price. Once deployed at dawn-dusk orbit, the satellite is 132 meters by 73 meters and can carry five compute racks of NVIDIA Vera Rubin GPUs. The same upper stage will be designed to carry other companies’ payloads, configured to suit each mission. The stainless steel vehicle with a reusable booster stands 86 meters tall and is designed to carry more than 15,000 kg to sun-synchronous orbit. It is sized to the limit of road transport, which speeds production and keeps capital costs down. The first stage is powered by nine liquid oxygen and methane “Clydesdale” engines, each of which provides 300,000 lbs of thrust. Cowboy selected methane to support reuse, and chose a gas generator engine cycle, a proven architecture, to shorten the path to first flight. Cowboy has filed an application with the FCC for a 20,000-satellite constellation called Stampede. The company launched its first satellite, Reason-1, on October 1 to demonstrate laser power beaming from orbit to Earth. Reason-2, slated for 2027, will operate GPUs in orbit for commercial and government workloads, processing data where it’s collected and sending results to Earth. Cowboy is targeting its first flight of Big Iron in 2028 and intends to scale its Stampede constellation rapidly thereafter. Companies interested in “Big Iron Express” launch services can learn more at www.cowboyspace.com. About Cowboy Space Corporation Cowboy Space Corporation (formerly Aetherflux) is building vertically integrated orbital infrastructure for the AI era, spanning launch vehicles, space-based power, and in-orbit compute. The company is headquartered in San Carlos, California, with operations in Seattle, Washington, and backed by Index Ventures, Breakthrough Energy Ventures, Construct Capital, Interlagos, and IVP, among others. Source: Cowboy Space
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