PhysicsX, NewOrbit, AMI — industrial AI, VLEO satellites and European world models — Daily News June 15, 2026
About this episode
PhysicsX raises a $300M Series C to scale physics AI for industrial engineering, NewOrbit closes a €16M Series A for commercial VLEO satellites, while AMI represents Europe's most ambitious case for world models and AI beyond chatbots.
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Startups mentioned
PhysicsX
PhysicsX, based in London, builds AI that predicts the physical behaviour of components and processes. Its $300 million Series C (08/06/2026) valued it at about $2.4 billion.
NewOrbit
UK spacetech company developing satellites for 200–300 km orbits, with applications in imaging, telecommunications and space data.
Advanced Machine Intelligence
AMI Labs, in Paris, builds physical-world AI models and raised a US$1.03 billion seed in March 2026 at a US$3.5 billion pre-money valuation.