Phantom Space’s TMT Acquisition Reveals the Unsexy Problem at the Heart of Orbital Computing

Phantom Space reportedly acquired thermal management hardware provider TMT in early April, the latest move in the Tucson-based company’s effort to build a vertically integrated space infrastructure business capable of computing in orbit. The deal directly addresses one of the hardest engineering problems facing anyone who wants to run high-performance computing workloads above the atmosphere: getting rid of the heat.

TMT, a company specializing in satellite thermal control systems including...