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
London-based physics AI startup helping industrial companies design, simulate and optimise complex hardware across aerospace, defence, semiconductors, automotive, energy and data centres.
NewOrbit
UK spacetech company developing satellites for 200–300 km orbits, with applications in imaging, telecommunications and space data.
Advanced Machine Intelligence
AI startup founded by Yann LeCun and a team of former Meta researchers, focused on models that represent and reason about the physical world.