TAMPA, Fla. — Verde Technologies is turning to space to commercialize perovskite-based solar panels, shifting its initial focus away from rooftops in a bet that the thin-film material can help power orbital data centers and other large constellations.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...