LyteLoop Planning to Offer Quantum Encryption for Satellite Network Storing Data in Space

(SpaceNews.com) LyteLoop, a startup planning to store massive amounts of data by moving it continuously between satellites, is coming out of the shadows after four years in stealth. LyteLoop plans to store many hundreds of petabytes of data in space, an amount equivalent to a data center containing thousands of servers.
LyteLoop is not yet saying exactly how many satellites it seeks to launch, or how large they will be. “We are planning on dozens of small satellites,” explained CEO Ohad Harlev. LyteLoop’s space-based data constellation will be more expensive to establish than a ground-based data center, its ongoing operating expenses will be far lower, Harlev said.
LyteLoop’s network is designed for cybersecurity. Data moving through space at the speed of light is less vulnerable to hackers than data stored on the ground, Harlev said. Plus, LyteLoop plans to offer quantum encryption.