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Space solar startup Aetherflux raises $50M to launch first space demo in 2026
Apr 7, 2025
Aetherflux is making waves in renewable energy with its innovative plan to collect solar power from low Earth orbit. The startup, backed by Robinhood co-founder Baiju Bhatt, recently secured $50 million to kickstart its mission. This initiative not only aims to harness solar energy but also intends to transmit it back to Earth, marking a significant advancement in clean energy technology. With a demonstration launch planned for 2026, Aetherflux is on the brink of transforming how we think about sustainable energy solutions.
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Quick takeaways
- Aetherflux has secured $50 million in Series A funding to develop its innovative solar energy collection technology via space satellites.
- The startup's project has garnered interest from the Department of Defense for potential military applications of solar energy transmission.
Deep dives
Innovation in Space Solar Energy
EtherFlux, a startup founded by Baiju Bhatt, aims to revolutionize solar energy collection by launching a constellation of low-Earth orbit satellites. The startup has successfully raised $50 million in a Series A funding round to support its groundbreaking technology, which involves transmitting solar energy back to Earth via lasers. This ambitious project was inspired by Isaac Asimov's science fiction and seeks to create a commercial system for delivering solar power to even the most remote locations. The initial demonstration launch is scheduled for 2026, with plans to prove the viability of power collection from space using new satellite technology.
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